BNP Paribas strengthens UK and Middle East sales team with senior hires
BNP Paribas Securities Services has made four senior appointments to the sales team covering asset manager and alternative investment clients.
BNP Paribas Securities Services has made four senior appointments to the sales team covering asset manager and alternative investment clients.
Outsourcing partnerships were ranked as a relatively low priority as it is already a core part of many buy-side strategies.
Many custodians, fund administrators and market infrastructures are planning to expand their operations in the country to meet the growth of Irish-domiciled funds.
New product launches, technological challenges and cost pressures will all accelerate outsourcing according to BNP Paribas’ asset management head.
Asset manager panellists at Fund Forum have seen a change in mindsets towards AI, but remain wary around full-scale adoption.
HSBC has made a number of moves over the past couple of months to boost its global sales coverage.
State Street recently announced new asset servicing mandates of $1.3 trillion in its first quarter earnings.