ACSRF reappoints BNP Paribas

19 February 2013
| By Staff |
image
image image
expand image

The Australian Catholic Superannuation and Retirement Fund (ACSRF) has reappointed BNP Paribas Securities Services (BNP Paribas) for full custody and administration services.

A competitive tender process led to the ACSRF trustee board choosing BNP Paribas for its technology offering, capabilities in performance measurement and reporting, mandate compliance, unit pricing and fund accounting, BNP Paribas said.

ACSRF chief executive Greg Cantor said BNP Paribas stood out from its competitors.

"After evaluating several competitive bids, BNP Paribas stood out as the best for our requirements.

"We first appointed them in 1995, and then at each review since they have continued to demonstrate an ability to meet our needs, innovation and ongoing investment in technology," he said.

He said the trustee board was particularly excited about BNP Paribas' pipeline of further innovations.

It has invested in expanding its global solutions, already delivered via its European and Asian channels, to Australian superannuation clients.

The company is placing an emphasis on support for enhanced risk analytics, alternative investments, and mobile technology.

"We are delighted to continue this successful long-term partnership," said Pierre Jond, BNP Paribas managing director for Australia and New Zealand.

"The superannuation sector is of key strategic importance to the business on both a global and local basis and success stories such as this highlight our ability to service this sector."

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 6 months ago
Kevin Gorman

Super director remuneration ...

1 year 6 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 6 months ago

Economists from the big four banks have all predicted the RBA to deliver another rate cut during its July meeting; however, some admit the decision will be a close call....

2 hours 44 minutes ago

AMP’s strong 2024–25 returns were anything but a fluke – they were the product of a carefully recalibrated investment strategy that began several years ago, when the fund...

2 hours 52 minutes ago

ASIC is “considering what options” it has to hold super trustees to account for including the failed schemes on their platforms, according to its deputy chair....

2 hours 52 minutes ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
2
DomaCom DFS Mortgage
95.46 3 y p.a(%)
5