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Knowledge Centre

Overview of Fund Management Companies (FMCs)

What is the definition of Custody?

  • Custody in the world of financial services normally the safe-keeping of financial assets on behalf of investors to minimise the risk of loss or theft. A person or company that provides custodian services holds the asset (property) for safe-keeping. The custodian does not have the authority to make management decisions on the assets.

    Written by EisnerAmper Singapore