Anchor Risk Advisors, an investment manager focused on the insurance-linked securities and catastrophe risk investment sector with one of the longest track records in ILS thanks to its teams experience, has announced the appointment of BNP Paribas to provide hedge fund administration services for its latest insurance-linked investment strategy. With the appointment Anchor are continuing their relationship with BNP Paribas who have provided them with a range of fund administration services over the years.
“BNP Paribas’ in-depth knowledge of this sophisticated asset class, along with its top-tier institutional processes and support make them the best choice for Anchor’s custody, fund administration and middle office needs,” said Anchor Risk Advisor’s Chief Executive Officer Pete Vloedman.
Commenting on the new mandate, Andrew Dougherty, Managing Director and Head of Alternative & Institutional Solutions at BNP Paribas said; “Our service model means that Anchor Risk Advisors has direct access to the operations and accounting specialists responsible for administering its funds at BNP Paribas. Coupled with our continued investments in technology, we deliver unique and powerful middle office and fund administration solutions – a new paradigm in securities services client relationship management.”