BNP Paribas

Hedge Funds

$70bn TCorp to streamline providers

The bond portfolio and manager line of the newly merged $70 billion funds management operation of TCorp will place a  greater reliance on in-house management. The move will come as part of a general review to find the optimal mix of providers for State Super, TCorp and Safety, Return to Work and Support (SRWS) which […]

UniSuper appoints BNP Paribas as custodian

UniSuper has appointed BNP Paribas Securities Services as master custodian. The appointment comes after an “extensive” tender and review process to find a custodian that could meet UniSuper’s evolving custody needs, which included supporting the expanding inhouse investment management activities, regulatory requirements, global scale and technological advancement. In a statement UniSuper’s head of portfolio analysis […]

New boss at BNP not seeking to be number one

BNP Paribas Securities Services has no aim of being number one custodian in the Australian market according to its new head of business, Ian Perkins. The custodian currently has the third largest amount of assets under custody in the Australian market at around $320 billion, behind JP Morgan at $463 billion and NAB Asset Servicing […]