Global Custodian Summer 2017 | Page 4

[ C O N T E N T S C O N T. ] REGULARS GC LEGENDS 06  Inside view | Editor’s comment 40  Ronald Akkermans, UBS Won’t somebody think of the custodians… 10  News and people moves As he prepares for his retirement, UBS veteran Ronnie Akkermans, reflects on a working life spent at one bank. 90  My dad’s in custody | Matthew Davey, Societe Generale OPINION 27  Choose your words carefully Are securities services banks actually more client centric than in the past? MARKET REVIEW 48  Africa: The more, the merrier While institutional investors may welcome greater competition among sub-custodians in individual African markets, it is not clear that more providers would equal better service. NEWS REVIEW 14  UK watchdog bares its teeth at custodians, but will it bite? Custodians are not happy about landing on the radar of the FCA as the regulator looks into service offerings and competition in the custody space. 4 Global Custodian Summer 2017 DOMESTIC SURVEYS 56  India Domestic investment will help accelerate the growth of Indian capital markets, already buoyed by sustained foreign institutional interest. 64  Malaysia Client expectations of their service providers appear to have grown with a corresponding decrease in scores achieved.