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BNP Paribas continues as industry funds custodian
Industry superannuation funds Media Super and BUSS Queensland Building Super have retained BNP Paribas Securities Services as their custodian and investment administration provider after lengthy market reviews.
Media Super has been BNP Paribas' client since 2006.
Media Super chief executive, Graeme Russell, said the fund valued the relationship management and service offerings from BNP Paribas.
BNP Paribas managing director for Australia and New Zealand, David Braga, said: "Our strong partnership with them backed by quality service delivery combined with our market leading performance and risk analytics were key to the renewal of this mandate."
BUSSQ has been BNP Paribas' client since 2005. The super fund for the building, construction and civil industries has over 90,000 members and $3 billion worth of assets.
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