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Certitude Global Investments appoints BNP Paribas as custodian and administrator

29 Apr 2014
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Craig Mowll

Craig Mowll

Certitude Global Investments (Limited) has appointed BNP Paribas Securities Services as custodian and administrator for 14 unit trusts. The trusts have almost $1 billion in assets under management.

Certitude is an independent provider of global investment manager skill, selecting leading active investment managers from around the globe and bringing their expertise to Australian investors. These include Threadneedle Investments (UK), Lighthouse Investment Partners LLC (US) and GaveKal Capital Limited (Hong Kong) and Columbia Management Investment Advisers LLC (US).

“Certitude needed a global custodian that understood our future growth strategy in Australia,” said Craig Mowll, CEO of Certitude. “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”.

Peter Baker, head of BNP Paribas Securities Services Australia and New Zealand, said: “We are delighted that Certitude chose us. 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.

“We look forward to supporting Certitude’s future growth in Australia and globally as well as supporting the local asset management sector.”

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