BNP launches dealing outsourcing service in Asia

Growing demand from Asian asset managers to invest across borders has prompted BNP Paribas Securities Services to launch a dealing outsourcing service. The bank, seeking to act as the centralised dealing agent offering managers access to offshore brokers and trading venues, has just implemented outsourcing for its first client – BNP Investment Partners, the group's asset management arm – after launching the service in Asia last year. Outside Asia, it has been offering dealing ou…