Wealth Management
HSBC elected as custodian for first open-ended fund company in HK
Pacific Hawk provides corporate structure comparable to places like the UK, Luxembourg and Cayman Islands
The Asset
7 Nov 2019
HSBC Securities Services has been appointed the custodian and fund administrator for Pacific Hawk Global OFC, the first open-ended fund company ( OFC ) launched in Hong Kong. Pacific Hawk ( HK ) Ltd. officially offered their open-ended private fund on October 14 after getting the approval from Hong Kong’s Securities and Futures Commission ( SFC ) in August.
