15JUL19: Funds SA, the superannuation fund owned by the Government of South Australia, has appointed Northern Trust for a AUD34bn (USD24bn) mandate to provide a master custody solution including asset servicing, investment administration and investment data services.
Category: Bank Providers
BNP Paribas to clear derivatives for Arca Fondi
16JUL19: BNP Paribas Securities Services has been selected to provide derivative clearing services to Arca Fondi SGR. BNP Paribas will clear all derivatives transactions relating to Arca Fondi’s Italian-domiciled funds and Luxembourg SICAVs, as well as transactions relating to its pension fund and asset management mandates, representing a total of EUR32bn AuM.