JP Morgan ramping up the guard

“We have extensive plans to leverage the ANZ Custodian Services acquisition and to grow the JP Morgan Treasury and Securities Services offering in Australia and New Zealand and beyond in the coming year.”
On 20 November, JP Morgan’s Worldwide Securities Services division announced its acquisition of ANZ’s Custodian Services business which included more than 100 clients, 150 staff and A$99 billion in assets under custody.

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Geopolitical risks rewire asset allocation ‘operating system’: GIC

Some investors are “missing the point” of geopolitical risks by equating them to the disruptions from conflicts and wars, according to GIC chief economist Prakash Kannan, but in reality, geopolitical risk is no longer episodic or peripheral. This means investors need to think harder about inflation and country composition in their portfolio.

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