In a market where triennial reviews of service providers has become the norm, BNP Paribas Securities Services (BNP PSS) has extended a contract with one of its major clients out to 2014.
The French-owned bank division will service AMP’s custody and fund administration needs until at least 2014, after a contract re-negotiation process lead on the wealth manager’s side by director of technology alliances, Lou Pagano. BNP PSS head of sales and relationships, Ken Shaw, said both organisations had “;complementary”; plans to expand in the Asia-Pacific region. He said BNP PSS would soon locally launch ‘Neo-Link’, a web portal allowing clients to access all of BNP PSS’ online systems with a single sign-on.
2 September 2008 00:00
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Investments
Rest Super has built its private equity program around a deliberately selective approach to manager and deal selection, favouring a concentrated roster of external partners and proactively seeking out top PE firms rather than waiting for them to come knocking. Head of private markets Marina Pasika unpacks the program’s coming of age and what powered an asset class return more than double the peer average in the last financial year.
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