Australian Unity Investments chooses custodian

australian-unity-investments/australian-unity/

21 October 2014
| By Malavika |
image
image
expand image

Australian Unity Investments has appointed BNP Paribas Securities Services as its custodian and administrator.

The funds management arm of Australian Unity, which has over $7.36 billion in funds under management as of 30 June, said it chose BNP Paribas after an extensive market search.

“We determined that BNP Paribas had the strongest full service proposition in core custody together with middle and back office services for our asset management business and joint venture partners,” CEO of Australian Unity Investments David Bryant said.

He added the firm was attracted to BNP Paribas’ ongoing investments in technology and its support for Australian Unity Investments’ expansion plans.

BNP Paribas said it will partner with Australian Unity Investments to boost their operational processes, reduce risk and lift their performance where possible.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 4 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

1 week 4 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks 3 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 1 day ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND