The big trends: they’re all good, says State Street

Nevertheless, he thought there might be further unbundling of services and pricing on the custody/investment admin side in the future.

“We need continued transparency and unbundling (such as cash and FX services) is important… Certain parts of custody may also see some unbundling, such as performance analytics,” he said.

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As the Magnificent Seven fade, CFS looks further afield for returns

Colonial First State chief investment officer Jonathan Armitage says a shift away from reliance on US mega-cap tech stocks is reshaping portfolio resilience, with emerging markets, private debt and catastrophe bonds helping to drive returns across the portfolio.

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