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Mandate Watch: BNP harvests cross-border Mongolia mandate

The beginning of 2012 has seen a steady stream of announcements for mandates from a diverse range of areas

Handshake in London

BNP Paribas Securities Services has secured a mandate with Harvest Global Investments to help launch an emerging market fund investing in Mongolia, making it the first global custodian to support foreign investments in the Asian frontier. Harvest is the second-largest asset manager with $37 billion in assets under management, with BNP Paribas becoming custodian, fund administrator and transfer

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