Tracking data

Managing corporate actions has been a headache for the region’s asset management firms. But a number of schemes are under way to automate the process and reduce the risks resulting from error. Clive Davidson reports

Asset managers and custodians are under increasing pressure to manage the corporate actions on investments more efficiently. Investors are demanding timelier reporting on events that affect their holdings. At the same time, portfolios tend to be more diverse and global, widening the range of sources that must be monitored for relevant information. Meanwhile, mishandling such actions, which include