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BNP Paribas loses custody deal to RBCBY LAURA MILLAN | WEDNESDAY, 23 SEP 2015 12:10PM
A $5.5 billion fund manager has ended its custody agreement with BNP Paribas and appointed Royal Bank of Canada (RBC).Read more: BNP Paribas, RBC Investor, Royal Bank of Canada, Treasury Services, Asset, Bennelong Funds Management, Bennelong Concentrated Australian Equities Fund, Bangarra, Bennelong Avoca, Bennelong ex-20 Australian Equities Fund, Craig Bingham, David Travers, Leaders Fund
Life insurers will take on more risks and shun safe-haven assets in a bid to bump up returns in 2022.
AMP has appointed a new head of portfolio management for its troubled multi-asset group (MAG), hiring from Pendal.
A new study shows close to 80% of institutional investors and wealth managers are now looking favourably upon cryptocurrencies, citing strong capital growth and diversification benefits.
American Century has launched a global small-cap fund targeting Australian wholesale investors.
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