ACTIAM, a leading Dutch asset management firm, has EUR 56 billion in assets under management and focuses on responsible investing.
The mandate underlines the strong commitment of BNP Paribas Securities Services to the Netherlands, the second largest pension fund market in Europe, and will enable the bank to build on its existing capabilities in the country.
As part of the mandate, which is subject to closing conditions, ACTIAM’s operational team will join BNP Paribas Securities Services in the Netherlands. Following closing, the bank will benefit from the team’s expertise and knowledge of ACTIAM while the ACTIAM operations team will become part of a specialist asset servicing provider with access to the latest technologies and an extensive network covering 27 countries.
BNP Paribas Securities Services was selected for its international reach and track record as a leading multi-asset service provider as well as its long-term focus and strong solvability ratios.
Robert van Kerkhoff, head of BNP Paribas Securities Services in the Netherlands, said: “We are delighted to partner with ACTIAM, a leading asset manager in the Netherlands. This is an important move to accelerate our development in the country. By combining the high quality platform of ACTIAM with our global capacity, we believe we can bring a new approach to servicing the local institutional market.”
Hans van Houwelingen, CEO of ACTIAM, said: “In this fast changing world, we decided to partner with a long-term asset servicing provider for middle and back office asset management operations, fund and investment accounting and reporting services. By partnering with BNP Paribas Securities Services, we will be able to focus on our core business of responsible investing and on servicing our customers. Besides that, we can accelerate our international ambitions.”
BNP Paribas Securities Services
Caroline Lumley firstname.lastname@example.org +44 (0)20 7410 4650
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Elvira Bos Elvira.Bos@vivat.nl +31683245014
About ACTIAM N.V. (www.vivat.nl)
ACTIAM is the leading responsible fund and asset manager, with €55.9 billion in assets under management at 30 June 2016 (year-end 2015: € 52.1 billion). ACTIAM employs over 130 people and has many years' experience of providing professional asset and fund management services for the VIVAT insurance labels Reaal and Zwitserleven, a selected list of external clients, and participants in the ASN, Reaal, SNS, Zwiterleven and ACTIAM's funds.
ACTIAM is the wholly owned asset- and fund management subsidiary of VIVAT N.V., an insurance company operating in the Dutch market. In July 2015 Anbang Group Holdings Co. Ltd., a wholly owned subsidiary of Anbang Insurance Group Co. Ltd, became sole shareholder of VIVAT N.V.
ACTIAM considers itself a pioneer in the Netherlands with regard to responsible investment research. After years of experience in this field ACTIAM believes it is well equipped to design investment strategies based on the desired level of social or environmental involvement. All of the portfolios managed by ACTIAM are managed on the basis of a Responsible Investment (“RI”) approach, which makes ACTIAM and its clients leaders in the RI market in the Netherlands. In a European context ACTIAM is also among the leading asset manager with regard to responsible investments.
About BNP Paribas Securities Services (www.securities.bnpparibas.com)
BNP Paribas Securities Services, a wholly owned subsidiary of the BNP Paribas Group, is a leading global custodian and securities services provider. Backed by the strength of the BNP Paribas Group, we provide multi-asset post-trade and asset servicing solutions for buy and sell-side market participants, corporates and issuers. With offices in 34 countries and a global reach covering 95 markets, our network is one of the most extensive in the industry, enabling clients to maximise their investment opportunities worldwide.
Key figures as of 31 December 2016: USD 9.1 trillion in assets under custody, USD 2.1 trillion in assets under administration, 10,166 funds administered and over 10,000 employees.