Guotai Junan Securities wins best private fund custodian and administrator awards by The Asset magazine

2019-06-05 10:44 1563

BEIJING, June 5, 2019 /PRNewswire/ -- Guotai Junan Securities, one of China's leading brokerages, was announced as the winner of the awards of "Best Custodian (China), Private Funds" and "Best in Fund Administration (China), Alternatives -- Private Funds" by The Asset magazine on May 29.

It's the only Chinese securities company that has won these awards for two consecutive years.

Guotai Junan Securities won the awards for its long-term outstanding performance and WFOE services, upon over three months of interviews, peer reviews, and buy-side investigations conducted by The Asset.

As an industry pioneer, Guotai Junan Securities devotes itself to providing mutual funds, private funds and other asset managers with comprehensive services integrating asset custody and fund management so as to help business partners achieve leap-forward growth and sustained development.

The securities firm has always been implementing the international development strategy. It's the first mover in the industry to set up a dedicated WFOE service team that meets the requirements for world-class asset management institutions in terms of services, hardware and software facilities, value-added services, and institutional collaboration. More than ten foreign asset managers such as Man Group, Aberdeen Standard, AXA, Nomura, and Value Partners have teamed up with Guotai Junan Securities.

The Chinese brokerage passed the ISAE 3402 again in March, becoming the first asset custodian and outsourcing service provider from the Chinese mainland to pass the international certification for four accounting years in a row. It indicates that Guotai Junan Securities has reached the international level in terms of internal control, security control, operational efficiency, and service quality.

The Asset is a leading monthly financial magazine in Asia. The Asset Triple A Asset Servicing, Institutional Investor and Insurance Awards, which set the benchmark in Asia for investment and custody prowess and include categories such as Best Custodian, Best in Fund Administrator, and Best in Asset Servicing, have been hosted for ten consecutive years since 2010.

Source: Guotai Junan Securities