Certitude Global Investments selected BNP Paribas Investment Partners as custodian and administrator for 14 unit trusts which represent nearly $1 billion in funds under management.
The deal comprises of trusts including Threadneedle Investments (UK), Lighthouse Investment Partners LLC (US), GaveKal Capital Limited (Hong Kong) and Columbia Management Investment Advisers LLC (US).
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Previously, NAB served as a custodian for Certitude Global Investments.
Craig Mowll CEO chief executive of Certitude said: "After a very thorough analysis of the market we found BNP Paribas’ large and ongoing investments in both people and technology solutions was very important to us and appointing them has allowed us to future-proof our operations as a part of our growth strategy.
"As Certitude continues to expand its global manager partnerships and product suite BNP Paribas is very well positioned to support us and our growing client base," he added.
Peter Baker, head of BNP Paribas Securities Services Australia and New Zealand, said: "Our commitment to Certitude, and all of our clients, is to partner with them to optimise their operations, minimise their risks, enhance their performance wherever possible."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
