A recent Kyriba report found currency fluctuations to have a milder impact in 3Q21 compared to earlier quarters, but Asian ex-rates – especially the yuan – should be closely monitored, warns strategist.
It has become the first foreign bank to implement domestic mutual fund custody and wholly foreign-owned enterprise (WFOE) private fund custody in China.
Storing up cash might have been necessary during the bleak winter hibernation of Covid-19, but the buzz of activists presages the spring-like onset of the ‘recovery era’.
