The game has changed for global custodians. Twelve months ago market participants were contending over mandates that produced a Top 50 combined asset value of around $1180 billion. Fast-forward a year and this has declined considerably. The total asset value of mandates won by custodians in 2010 has equalled $880 billion, which is a 25% decrease since last year. Please see here for a round-up fo the top 50 mandates of 2010. To read more, please click here (PDF).
The week on Risk.net, November 25-December 1, 2016Receive this by email