Íø±¬³Ô¹Ï

Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
Íø±¬³Ô¹Ï
Leading the Way

Global Íø±¬³Ô¹Ï Finance News and Commentary
≔ Menu
Íø±¬³Ô¹Ï
Leading the Way

Global Íø±¬³Ô¹Ï Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Buy side news
  3. Pension fund mandate for BNP Paribas
Buy side news

Pension fund mandate for BNP Paribas


22 September 2017 London
Reporter: Drew Nicol

Generic business image for news article
Image: Shutterstock
BNP Paribas has been appointed to provide global custody for £3 billion in pension fund assets for the West Sussex Pension Fund.

The West Sussex Pension Fund is the fifth appointment BNP Paribas has secured under the Local Government Pension Schemes (LGPS) National Framework Agreement.

Along with global custody services, BNP Paribas will provide investment accounting, investment reporting and performance services.

Jeremy Hunt, pension panel chairman at the West Sussex Pension Fund, said: “We were impressed by the expertise of the individuals we worked with and the technology underlying its services—particularly BNP Paribas’s reporting tools, such as its data navigation analysis system.â€

Sid Newby, head of business development for the UK at BNP Paribas securities services, commented: “The UK pension market is currently undergoing significant change and we are committed to helping schemes facilitate and benefit from this.â€

“We are big supporters of the LGPS initiative and engaged early on with local authorities and their consultants as they were assessing various operating models.â€
← Previous buy side article

RBC expands agent lender client base
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Íø±¬³Ô¹Ï Finance Times
Advertisement
Subscribe today
Knowledge base

Companies in this article
→ BNP Paribas

Explore our extensive directory to find all the essential contacts you need

Visit our directory →

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →