Mandate watch: BNY Mellon and Citi lead the way in China

BNY Mellon and Citi pick up two key mandates in the important Chinese market

deal-handshake

BNY Mellon has been selected by the Industrial and Commercial Bank of China as global custodian for a new S&P 500 index qualified domestic institutional investor (QDII) fund in China launched by Bosera Asset Management in the second quarter of this year. ICBC is the domestic custodian for the fund. Bosera is based in Shenzhen and has more than $28.7 billion in assets under management.

“As China continues its move towards internationalisation of the renminbi, it is likely that there will be

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here