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BNP Paribas to manage AU$319.6 billion in funds for Australian firm Insignia Financial by 2025.
BNP Paribas has been chosen by Australian wealth manager Insignia Financial to provide custody and administration services for its AU$319.6 billion in funds.
This partnership, covering Insignia's MLC and OnePath businesses, is set to complete by 2025 and aims to enhance Insignia's operational efficiencies and simplify its services.
The move strengthens BNP Paribas' position in the Australian market.
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BNP Paribas gestionará 319.600 millones de AU en fondos para la firma australiana Insignia Financial para 2025.