BNP launches dealing outsourcing service in Asia
Amid rising cross-border investment from Asian asset managers, BNP Paribas Securities Services argues it can complement managers' existing trading desks through outsourcing.
Growing demand from Asian asset managers to invest across borders has prompted BNP Paribas Securities Services to launch a dealing outsourcing service.
The bank, seeking to act as the centralised dealing agent offering managers access to offshore brokers and trading venues, has just implemented outsourcing for its first client – BNP Investment Partners, the group's asset management arm – after launching the service in Asia last year.
Outside Asia, it has been offering dealing ou…
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