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BNP Paribas Securities Services has been appointed as master custodian to large, Queensland-based building industry fund BUSS(Q).
The fund, which has over 76,000 members and assets of over $800 million, appointed BNP Paribas Securities Services following a review of master custody providers conducted by Frontier Investment Consulting.
BNP Paribas Securities Services will provide the fund with master custody services, including core custody, valuations, accounting and tax reporting.
BUSS(Q) chief executive said BNP Paribas Securities Services had been appointed on the basis of its ability to customise its services to meet client needs.
AUTHOR
Mike Taylor
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