Legg Mason appoints custodian

Legg Mason Australia has appointed RBC Investor & Treasury Services as its custodian and administrator


Asian investors must embrace multi-asset solutions

Manulife Asset Management believes multi-asset solutions, which the firm now offers in most of its Asian operations, are a powerful tool for addressing the need for asset allocation among Asian households


RBS confirms Coutts International sale to UBP

The sale, which follows RBS ' decision to create a UK-focussed bank, includes business managed from the Middle East, Switzerland, Monaco, Singapore and Hong Kong, and assets under management of over CHF 30 billion.


Mizuho says to merge asset management operations

Mizuho Financial Group Inc said on Friday it plans to merge its asset management operations, as part of efforts by Japan's second-largest bank to boost profits from its non-lending businesses.