Assets under Custody tables - global domestic worldwide Assets under Custody tables - global domestic worldwide
Assets under Custody tables (or Assets in Custody) are a core deliverable at GlobalCustody.net. Our Assets under Custody tables are industry-leading, encompassing more than 50 custodians and depicting worldwide, global and domestic Custody Assets. The Assets under Custody tables are available at the full version of GlobalCustody.net, which is reached from the link at the foot of this page.Drivers of growth
Global custodians are entrusted with the safekeeping and processing of huge volumes of securities. Recent years have seen a dramatic growth in the value of Assets under Custody (Assets in Custody). This high growth rate is expected to continue, driven by a combination of global trends:
- investors' growing appetite for cross-border Assets, for emerging and exotic markets and for a wider range of financial instruments
- investment managers' and banks' increasing use of global custodians to replace their own networks of local custodians
- in many countries, the state retreating from its role of primary pension provider, causing citizens to invest in defined contribution pensions and mutual funds in record numbers - with custody banks serving the pension funds and mutual funds, their money managers and the banks acting for high net worth individuals
- the booming retail brokerage industry driving ever-greater demand for clearing and custody services.
Global or worldwide?
Industry practice is to distinguish worldwide Custody Assets between domestic assets (those held in the home country) and cross-border, or global, assets (those held in the rest of the world). We encourage banks to make this distinction with reference to the home country of their customers rather than their own head office or customer service locations in reporting their Assets under Custody.
Assets under Custody and other resources at Global Custody .net
