BNP Paribas Wins EFG Mandate

BNP Paribas Securities Services has won a mandate from EFG Asset Management France to produce Key Investor Information Document (KIID) -compliant reporting for its funds.

BNP Paribas Securities Services has won a mandate from EFG Asset Management France to produce Key Investor Information Document (KIID) -compliant reporting for its funds, Asset Servicing Times reports. The flexible global service incorporates a Synthetic Risk and Reward Indicator (SRRI) simulation tool. The tool can be used to ensure that the simulation complies with the requirements of the Ucits IV directive effective from July 2011. Currently, the bank provides custody and fund accounting in addition to ensuring EFG’s funds comply with regulation.

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