Daily News Alerts
Identifying The Importance Of A Tailored Custodian Partnership In Unprecedented Times
Published By: Sabeen Purewall | July 15, 2020
While the similarities to COVID-19 and the 2008 market downturn likely ends here, given the unpredictability of whether there will be second or subsequent waves – which could wreak havoc on financial markets, Sabeen Purewall, director of business development at CWB Trust Services, says we now must accept that there will be a ‘next normal.’ This also means, he says in the article ‘Asset Servicing – Identifying The Importance Of A Tailored Custodian Partnership In Unprecedented Times,’ institutional investors should align themselves with a custodian partner that offers a fully integrated and automated systems with real-time reporting; is flexible in its service delivery; and has rigorous internal controls to provide accurate and timely reporting.
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The Enduring Economic Expansion A Cycle Of Resilience
Published By: TD Asset Management Inc. | 20/12/2019
It’s official. The U.S. economic recovery from the devastating Great Recession (20072009) made history in July 2019, as the 121-month expansion officially became the longest on record. In December the cycle extended to the 126-month mark, and continues to roll along. According to the National Bureau of Economic Research, the previous record spanned 120-months (1991-2001) and many will recall the dotcom implosion that punctuated its calamitous end.
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