LGI Picks BNP For Ucits Fund Launch

Lion Global Investors (LGI) has selected BNP Paribas Securities Services to roll out Ucits-structured funds. The portfolio will be launched to help the asset manager’s global fund distribution strategy.

BNP Paribas’ infrastructure combines global custody, fund accounting, depositary bank and transfer agency on a single, global platform, with a client service window based in the region. LGI intends to increase its cross-border fund distribution across Asia and other regions to maximize assets, drive economies of scale and expand its asset management business.

Click here for the release from BNP Paribas.