Beijing, June 8, 2010 – Brown Brothers Harriman (BBH) today celebrates the opening of the Firm’s Beijing Representative Office by holding its third Global Investment Forum, a half day conference focusing on “International Asset Management and Asset Servicing”, and hosting a cocktail reception at the Ritz Carlton Hotel, Beijing, for over 100 senior executives from the global asset management industry.
Special guest speakers at the conference will include the US Ambassador to China, Jon M. Huntsman, leading figures from local and global financial institutions, as well as the Directors from both the Luxembourg and Dublin Fund Industry Associations. Many of the most senior leaders of Brown Brothers Harriman & Co. will also be participating, including Douglas A. Donahue, Managing Partner of the Firm globally.
BBH’s Beijing Representative Office was opened in 2009 to better serve its Chinese financial institution clients for which BBH acts as the overseas global custodian for Qualified Domestic Institutional Investor (QDII) funds, its global asset management service clients investing in China, and Chinese institutional investors requiring external investment management expertise.
“We are very fortunate to celebrate our Beijing Representative Office opening with so many business partners and clients, and are honored to have such distinguished speakers at the conference.” said LJ Jia, BBH Senior Vice President and Chief Representative in China. “The opening of the office in Beijing further reinforces the importance of the China market to Brown Brothers Harriman.”
BBH has been active in Asia for over 25 years and currently services approximately USD410 billion in assets for its Asian clients. The Beijing office works closely with BBH’s other Asian service centers in Hong Kong and Tokyo to support the cross border investment activities of its clients. “BBH has a partnering strategy in China which has us closely working with local Chinese banks, enabling them to offer global custody services, relevant technology and award winning client service to their underlying clients,” said Andrew J. F. Tucker, BBH Partner responsible for Asia. “This approach resonates well with our clients as it provides proven capabilities, speed to market, and cost savings in comparison to internal development of cross-border offerings.”
About Brown Brothers Harriman & Co.
Founded in 1818, Brown Brothers Harriman is a globally-diversified, financial institution, organised as a Partnership, that works together with its clients to provide independent and specialized solutions across its Investor Services, Banking & Advisory, and Investment & Wealth Management businesses. As a trusted advisor, BBH leverages its market, operational and investment expertise to help many of the world's most sophisticated institutional asset gatherers, corporations and individuals achieve their financial objectives.
Across its businesses, BBH fosters deep and lasting client relationships built on a foundation of integrity, experience, and trust. Servicing approximately $2.4 trillion1 in assets, BBH is ranked among the world's top global custodians, asset administrators, foreign exchange, and securities lending providers.2
For more information about Brown Brothers Harriman's unique integrated approach, please visit www.bbh.com.
1 As of March 2010
2 As measured by results in major industry surveys. Please see www.bbh.com/accolades for a comprehensive listing of recent industry accolades