BNP Paribas wins custody mandate from Flossbach von Storch

German asset manager Flossbach von Storch has selected BNP Paribas Securities Services for a global custody, fund accounting and transfer agent services mandate.

The mandate will cover Flossbach’s Ucits funds in Germany and Luxembourg, representing over €50 billion in assets.

Flossbach von Storch currently has over €70 billion of assets under management.

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