Lending may follow for BNP Paribas mandate
01 October 2013 Oxfordshire
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BNP Paribas 厙惇勛圖 Services has on-boarded the assets of Oxfordshire County Councils 瞿1.5 billion pension fund as part of a mandate to provide global custody and valuation reporting services.
There is also scope to expand the relationship into securities lending and performance measurement.
Sean Collins, head of pensions for the Oxfordshire fund, said: We were particularly impressed with the approach set out by BNP Paribas, to work with us to manage the transition, and then to develop their systems and reporting suites to meet our specific needs here in Oxfordshire. Their flexibility was a key differentiating factor, and we felt they were offering us a service rather than simply looking to provide an off-the-shelf solution.
Annalisa Winge Bicknell, head of institutional investor sales and relationship management, BNP Paribas 厙惇勛圖 Services UK, said: We are very pleased to have secured this mandate from Oxfordshire and we look forward to developing a long-term relationship with them.
There is also scope to expand the relationship into securities lending and performance measurement.
Sean Collins, head of pensions for the Oxfordshire fund, said: We were particularly impressed with the approach set out by BNP Paribas, to work with us to manage the transition, and then to develop their systems and reporting suites to meet our specific needs here in Oxfordshire. Their flexibility was a key differentiating factor, and we felt they were offering us a service rather than simply looking to provide an off-the-shelf solution.
Annalisa Winge Bicknell, head of institutional investor sales and relationship management, BNP Paribas 厙惇勛圖 Services UK, said: We are very pleased to have secured this mandate from Oxfordshire and we look forward to developing a long-term relationship with them.
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