BNP Paribas Securities Services says it has been selected by Lion Global Investors (LGI) to launch new UCITs-structured funds to support the asset manager’s global fund distribution strategy.
Based on the BNP Paribas Luxembourg platform, LGI is now in a position to capture a share of the growing demand from global investors seeking Asian high-yield assets while serving its Asia region customers more effectively.
BNP Paribas says its infrastructure integrates global custody, fund accounting, depositary bank and transfer agency on a single, global platform, with a client service window based in the region. As a result, LGI will benefit from enhanced operational efficiency and increased ability to respond to investors’ needs around the world with its range of unique funds. It also improves the firm’s risk management and compliance with local banking policies and regulatory requirements.
"BNP Paribas has a truly unique UCITs capability that will help us build our business in new markets,” said Gerard Lee, CEO of Lion Global Investors. “We now have a partner that understands our business goals and proactively consults our team to adapt solutions that help deliver our ambitious growth objectives – both within and beyond our home market.”
LGI has plans to substantially grow its cross-border fund distribution across Asia and other regions to maximise assets, drive economies of scale and grow its asset management business.
To achieve a sustainable cross-border strategy, LGI has chosen to create a distribution strategy around the UCITs label to obtain efficient market entry while ensuring their funds remain compliant with regulations in multiple jurisdictions.
Lawrence Au, head of Asia Pacific at BNP Paribas Securities Services, says: “The market is changing and Asia-based asset managers require a completely integrated international solution to capture new sources of flow from Europe and across Asia. This project demonstrates the superior ability of our UCITs platform to service a fast-growing funds distribution network such as LGI’s and the underlying scalability of the platform.”
Comments
Enter The Lion
BNP Paribas Securities Services says it has been selected by Lion Global Investors (LGI) to launch new UCITs-structured funds to support the asset manager’s global fund distribution strategy.
Based on the BNP Paribas Luxembourg platform, LGI is now in a position to capture a share of the growing demand from global investors seeking Asian high-yield assets while serving its Asia region customers more effectively.
Enter The Lion
BNP Paribas Securities Services says it has been selected by Lion Global Investors (LGI) to launch new UCITs-structured funds to support the asset manager’s global fund distribution strategy.
Based on the BNP Paribas Luxembourg platform, LGI is now in a position to capture a share of the growing demand from global investors seeking Asian high-yield assets while serving its Asia region customers more effectively.
"BNP Paribas has a truly unique UCITs capability that will help us build our business in new markets,” said Gerard Lee, CEO of Lion Global Investors. “We now have a partner that understands our business goals and proactively consults our team to adapt solutions that help deliver our ambitious growth objectives – both within and beyond our home market.”
LGI has plans to substantially grow its cross-border fund distribution across Asia and other regions to maximise assets, drive economies of scale and grow its asset management business.
To achieve a sustainable cross-border strategy, LGI has chosen to create a distribution strategy around the UCITs label to obtain efficient market entry while ensuring their funds remain compliant with regulations in multiple jurisdictions.
Lawrence Au, head of Asia Pacific at BNP Paribas Securities Services, says: “The market is changing and Asia-based asset managers require a completely integrated international solution to capture new sources of flow from Europe and across Asia. This project demonstrates the superior ability of our UCITs platform to service a fast-growing funds distribution network such as LGI’s and the underlying scalability of the platform.”
Posted at 01:45 PM in News & Comment | Permalink