BNP Paribas Securities Services and DWS have entered into an agreement for BNP Paribas Securities Services to provide DWS with fund administration services, and DWS’s retail funds with depositary and custody services, in Germany and Luxembourg. The mandate represents €240bn in assets. Upon completion of the transaction, BNP Paribas Securities Services will become the fund […]
US asset manager Janus Henderson Investors has strengthened its partnership with French financial group BNP Paribas as BNP Paribas Securities Services will be responsible for the majority of Janus Henderson’s back office (including fund administration and fund accounting), middle office and custody functions in the US. According to the terms of the deal, more than […]
German investment fund assets held by custodians in Germany have increased by 4 percent in the first half of 2017, according to the latest data released by industry association BVI. The fund industry is dominated by ten key players which oversee 90% of the German market. Frankfurt-based BNP Paribas Securities Services (BNP PSS) is leading […]
BNP Paribas Securities Services is developing a next-generation digital fund distribution platform, and is partnering with AXA IM, one of the largest fund managers in Europe with €717bn AUM, in the co-design phase of the project. BNP Paribas Fund Link aims to make the fund distribution process easier and more efficient, by facilitating the flow […]
Stefano Catanzaro has been appointed general manager of BNP Paribas Securities Services Italy. With a experience of 26 years in the banking sector, Catanzaro will manage the entire range of services and post-trade solutions of the Italian branch, which has 500 employees. Catanzaro joined BNP Paribas Securities Services in 1997, serving different roles in the same […]
BNP Paribas Securities Services (BNPP SS) has announced the expansion of its Zurich-based client development team, appointing Corinne Vitte as head of sales institutional investors and Dario Rigert as sales manager for institutional investors. Vitte joins from RBC Investor & Treasury Services, she has more than 20 years of industry experience, among others for Citi, […]
BNP Paribas Securities Services has been awarded a cross-border AIFMD mandate by a.s.r Real Estate Investment Management and a.s.r. Netherlands. The mandate includes depositary banking, global custody and fund administration for a.s.r , a Dutch asset manager. The mandate was awarded following a competitive tender, it places more than €7bn of a.s.r.’s assets which falling […]
BNP Paribas Securities Services has won a €180bn pan-European mandate from the Generali Group. As part of this mandate, BNP Paribas Securities Services will provide global custody services for Generali’s €130bn portfolio of direct insurance assets held in Europe. In addition, the bank will provide fund administration and depositary banking services for Generali’s funds in […]
Global custodian BNP Paribas Securities Services has won a mandate to provide depositary banking services to Hansa Trust plc, a global equity investment company. BNP Paribas Securities Services will monitor cash movements within the trust’s funds and provide custody services in accordance with AIFMD. The bank will also perform oversight duties to ensure that management […]
Global custodian BNP Paribas Securities Services has announced that its securities services are now also available to Nordic institutional investors.
BNP Paribas Securities Services has launched its information intelligence tool, an interactive search-based tool which provides data on fund distributors.
BNP Paribas Securities Services (BNP Paribas) has implemented a mandate to in-source the fixed income dealing activities of Convictions Asset Management.