Manulife Asset Management Taiwan has appointed Deutsche Bank as fund administrator for two new bond funds with multi-currency share classes, which include offshore RMB.
Manulife Asset Management Taiwan claims that it is the first institution to offer such funds to retail investors onshore in Taiwan.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Manulife Asset Management Taiwan general manager Brian Hsieh said: "We are pleased to have chosen Deutsche Bank. It was important to us to choose a fund administration partner that understands our business and has the scale and technology to support our present and future needs."
Tim Liu, Greater China head of direct securities services, global transaction banking at Deutsche Bank, added: "Delivering what is relevant to the markets and to our clients is at the core of our service offering. We are also able to offer a high degree of flexibility and customization to meet our clients’ needs."
Part of its global transaction banking division, Deutsche Bank’s Direct Securities Services business has approximately EUR1.5 trillion ($1.94 trillion) of assets under custody globally and an operational presence in 33 global markets ? 14 of which are in Asia.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
