BNP Paribas picks up securities lending and depositary mandate for Italian pension fund Fondenergia
The agreement is the latest in a string of new mandates announced by the custodian this year.
The agreement is the latest in a string of new mandates announced by the custodian this year.
Agreement will cover six investment funds, one SICAV and three pension funds.
With the expansion, Euroclear Bank will be able to boost operational efficiencies for market users and streamline collateral management.
The week’s round up of fund administration news features INDOS Financial, SS&C, FTI Consulting, Yealand Fund Services, Goji, Suntera, Vistra, Ultimus, Fund Recs, Alto, TrustQuay and European Depositary Bank.