BNP Paribas Securities Services has been mandated by Lion Global Investors (LGI) to launch new UCITs-structured funds to support the asset managers global fund distribution strategy. Based on BNP Paribas Luxembourg platform, Singapore-based LGI is now in a position to capture a share of the growing demand from global investors seeking Asian high-yield assets while serving its Asia region customers more effectively.
BNP Paribas will provide global custody, fund accounting, depositary bank and transfer agency services to LGIs UCITS funds on its single, global platform, with a client service window based in the Asia region.
“BNP Paribas has a truly unique UCITs capability that will help us build our business in new markets, said Gerard Lee, CEO of Lion Global Investors. We now have a partner that understands our business goals and proactively consults our team to adapt solutions that help deliver our ambitious growth objectives both within and beyond our home market.
(JDC)