01/10/2019 | Press release | Distributed by Public on 01/10/2019 06:38
Clearstream has further expanded its Vestima offering by adding Indonesia as a newly covered investment fund market. Providing international investors with direct access to Indonesia domiciled investment funds is part of Clearstream's strategy to continuously expand its fund market coverage in Asia Pacific and on a global scale.
Key drivers for adding Indonesia were international customer demand and a strongly growing investment fund market in 2018, with assets under management (AUM) for mutual funds reaching approximately EUR 30 billion as at 30 November 2018.
Further market specific information
One-stop shop for funds
Clearstream acts a single point of entry for orders, streamlined cash management and consolidated position reporting in a secure environment. Clearstream offers customers direct access to local domiciled funds in 47 fund jurisdictions worldwide.
As one of the leading fund market infrastructures, Clearstream's key objective is to support our customers' investment strategies and to facilitate their business in all markets.