PHOTO. for alternative investments

Transcription

1 PHOTO αsuite for alternative investments

2 Understanding the challenges The alternative investment industry is developing at an ever increasing rate with new markets and vehicles, as trading strategies and instruments become ever more complex. At BNP Paribas Securities Services, we understand the challenges and can help you grow in this rapidly changing environment, while allowing you to maintain transparency and control over your investors assets. Service excellence We build our business upon enduring client relationships and an unwavering commitment to continuously exceed your expectations. Our complete offering includes the sophisticated banking, asset servicing and custody services you need to run your business: Investment execution Fund administration Custody and depositary services Asset-protection structures Collateral management Financing and foreign-exchange services Performance, risk and attribution measurement Client and regulatory reporting Moreover, our team of specialists is dedicated to helping you establish and structure funds and ensure your activity is managed in a controlled and effective manner. Industry dedication We continuously invest in technology, people and product development confirming our commitment to alternative investments. Industry and client awards are testament to this commitment: Global Custodian Hedge Fund Administration Survey 2012 Top Rated in North America Commended in Europe HFM US Hedge Fund Services Awards 2011 Best administrator under USD 30 billion for client service We are committed to delivering innovative solutions in a high quality, controlled environment allowing you to grow and excel. BNP Paribas Group alternative investment capabilities BNP Paribas has a leading presence in the alternative investment industry with global leadership in equity and credit derivatives. You benefit from our investment bank s trading, structuring and prime brokerage expertise, coupled with the Group s private equity, real estate, commodities and infrastructure businesses. Our integrated solutions allow us to meet the complete range of alternative fund requirements.

3 Presenting asuite for alternatives Transfer agency Global custody Market & financing services Middle office αsuite for alternative investments Single hedge funds Funds of hedge funds derivatives Exchange traded accounting Fund Private equity Real estate structures Asset protection OTC derivatives estor reporting inv Client and A comprehensive solution that supports the entire value chain for single hedge funds, funds of hedge funds, private equity funds and real estate funds. Our continuous investment in innovation means we can address both market developments and your changing requirements helping you grow your business. Single hedge funds Whether you are growing your business or optimising your existing structures, our fully integrated middle office, fund administration and asset protection solutions help you provide your investors with the liquidity, transparency and control they require across all trading strategies. Our offering includes a sophisticated suite of services including FX, collateral management and asset protection that helps you to maximise returns, minimise risk and manage your exposure. At the forefront of regulatory change, we have designed and developed solutions around these changes so that you can continue to grow your business, while meeting the demands of institutional investors. Funds of hedge funds Our truly integrated end-to-end solution includes hedge fund trading, fund administration, custody, FX hedging calculation and execution, domiciliation and committed financing. It covers a comprehensive range of instruments, vehicles and domiciles. You can be comfortable that operational and administrative tasks are under control and focus on the performance of your funds. We monitor trade and settlement risk for hedge fund trading and ensure that the accounting and asset servicing of underlying funds is delivered to the highest standards. Where committed financing is provided, we monitor the quality of the underlying hedge funds employed as collateral. Our presence in the US, Europe and Asia-Pacific enables us to service the entire value chain across the globe.

4 Chart Title 25,000, ,000, ,000, ,000, ,000, ,000, % 21.8% 21.8% 6.9% 2.7% 13.9% 1.0% 10.2% 20.7% Fund 1100 Fund Fund Fund Fund Fund Fund Fund Fund 4138 Fund 1100 Fund Fund Fund Fund Fund Fund Fund Fund 4138 Commitment Amount called (before) Distributed 30.00% 20.00% 10.00% 0.00% % % % % % Fund Name 1 Mth 3 Mth Fund % 97.90% 22.69% 22.69% 22.69% 22.69% 22.69% 22.69% Fund % 26.10% 3.82% -0.61% -3.82% -0.57% 7.97% 15.40% Fund % 4.71% 5.34% 4.13% 10.67% 12.62% 7.18% 6.99% Fund % -2.39% % -9.74% -2.39% 2.62% -3.90% -2.89% Fund % -2.46% -4.79% -5.97% -2.98% 3.06% 1.60% 1.30% Fund % -1.36% 3.20% 0.85% 7.09% 7.82% 2.68% 2.64% Fund % % % % % -8.49% % -8.49% Fund % -8.12% -9.28% -9.06% -9.06% -9.06% -9.06% -9.06% Fund % -3.89% -3.69% -2.44% -3.23% 4.46% -2.85% 1.80% Fund % % % -7.07% -5.78% 3.97% 10.29% 6.58% Fund % -2.80% 11.31% 9.99% 14.26% 13.04% 7.56% 7.56% Fund % 1.47% 0.69% 3.65% 8.51% 8.99% 1.21% 1.09% Fund % 3.05% 9.92% 3.60% 9.10% 11.35% 3.88% 3.65% 6 Mth 1 Y 2 Y Fund 5138 Fund 5139 Fund 5140 Fund 5141 Fund Fund Fund 6941 Fund 6396 Fund Fund 2825 Fund 1886 Fund Fund Mth 1 Y 2 Y 3 Y 3 Y 5 Y 5 Y since incep. since incep. Private equity funds We service funds in all major onshore and offshore fund domiciles. Our offering makes your cross-border fund structures easier to manage because we coordinate across locations and provide a single point of operational contact. Our specialist teams deliver integrated investor, fund and asset servicing. We offer a range of depositary and banking services to fully meet your needs. Your funds will be serviced on dedicated systems, increasing processing efficiency and reducing operational risk. Real estate funds BNP Paribas is one of the largest participants in the European real estate market. BNP Paribas Securities Services has leveraged on this market knowledge. We have built a complete offer for the administration of real estate funds and investment portfolios, with specialist teams in major fund domiciles. New regulations and market conditions are changing the face of real estate investment and fund management. BNP Paribas will assist you to achieve and maintain compliance. Industry-leading technology Our dedicated platform for funds domiciled both on- and offshore, including those with entities in multiple jurisdictions, supports the growth of your sophisticated multi-jurisdictional, direct and indirect private equity and real estate funds. You enjoy the benefits of a single provider supporting the entire fund structure, a consistent suite of reports across all structures and accounting services provided on a single administration platform that supports multiple accounting standards. Underlying funds report Allocation of Commitments by Fund Fund name: Fund Base currency: AUD Reference date: Mar Fund Investment profile Internal rate of return on multiple periods Fund name: Fund 4169 Base currency: AUD Reference date: Oct per fund within asset sector BNP PARIBAS SECURITIES SERVICES Underlying funds reports (part 1) - Fund /04/2013 page 7/17 Fund reporting Value progression chart Fund name: Fund18036 Base currency: AUD Reference date: Mar BNP PARIBAS SECURITIES SERVICES Value progression chart 02/04/2013 page 5/18

5 Going beyond core servicing Servicing alternative assets goes beyond middle office and fund administration services. At BNP Paribas Securities Services, you benefit from our sophisticated suite of value-added services that have been designed to help you maximise returns, minimise risk and manage your exposure. Liquidity management and financing We provide comprehensive liquidity management solutions including financing and FX hedging services fully integrated with your asset servicing needs across the entire trade lifecycle. Our unique model combines the expertise of a leading custodian with investment banking infrastructure and skill sets. We utilise technology that allows us to assess underlying asset values as collateral, manage exposure and assess risk. Delivering our solution through an integrated platform helps mitigate the complexities of liquidity forecasting and hedging calculations. It supports your business by streamlining the creation, administration, and evaluation of investment performance, providing full transparency on credit scoring and monitoring of underlying holdings. AIFMD capabilities We combine our vast experience in servicing regulated funds and alternative investment managers to help you address the challenges of AIFMD. We provide depositary services in all of the major European markets, covering not only the needs of funds incorporated in Europe, but also non-eu funds that require this service in their member state of reference. We have applied our experience to all processes and checks required by AIFMD in all our locations and have both the systems and the expertise in place across Europe. In addition, you can rely on an extensive proprietary network covering the world s major markets to safe-keep assets and directly manage related responsibilities. OTC derivatives solutions Our proven solutions cover the entire value chain from trade execution to middle office, valuation and collateral management services, including the management of your collateral agreements and collateral optimisation solutions helping you to mitigate counterparty and operational risk. Thanks to the strength and financial stability of BNP Paribas, your assets and independent amounts are protected against counterparty default risk in segregated custody structures. As a growing number of OTC contracts will be centrally cleared, you can rely on the experience and track record of an award-winning clearer in the derivatives markets and one of the world s largest dealers. Performance measurement and analytics As the industry becomes ever more complex, your need for a transversal and consolidated view of risk grows. We bring you flexible performance and risk analysis solutions, backed by a team of experts who help you to monitor your objectives and returns critical to successfully implementing your investment strategies. Our services include performance measurement, attribution, ex-ante and ex-post risk measurement, value-at-risk analysis, transaction cost analysis and peer group analysis.

6 A major force in asset servicing As one of the highest credit-rated securities services providers in the world operating under European regulations providing the highest levels of client asset protection your portfolios couldn t be in safer hands. We service over 6,979 funds worldwide, hold over USD 7.2 trillion in assets under custody and administer over USD 1.3 trillion in assets across all markets and instruments 1. Contact us for more information: securitiesservices@bnpparibas.com The information contained within this document ( information ) is believed to be reliable but BNP Paribas Securities Services does not warrant its completeness or accuracy. Opinions and estimates contained herein constitute BNP Paribas Securities Services judgment and are subject to change without notice. BNP Paribas Securities Services and its subsidiaries shall not be liable for any errors, omissions or opinions contained within this document. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. For the avoidance of doubt, any information contained within this document will not form an agreement between parties. Additional information is available on request. BNP Paribas Securities Services is incorporated in France as a Partnership Limited by Shares and is authorised and supervised by the ACP (Autorité de Contrôle Prudentiel) and the AMF (Autorité des Marchés Financiers). The BNP Paribas Securities Services London branch is subject to limited regulation by the Financial Services Authority for the conduct of its investment business in the United Kingdom and is a member of the London Stock Exchange. BNP Paribas Trust Corporation UK Limited is a wholly owned subsidiary of BNP Paribas Securities Services, incorporated in the UK and is authorised and regulated by the Financial Services Authority. Details on the extent of our regulation by the Financial Services Authority are available from us on request. The services described in this document, if offered in the U.S., are offered through BNP Paribas and its subsidiaries and its affiliates. Securities products are offered through BNP Paribas Securities Corp., a subsidiary of BNP Paribas, a broker-dealer registered with the Securities and Exchange Commission and a member of SIPC, the Financial Industry Regulatory Authority, New York Stock Exchange and other principal exchanges. Printed on recycled paper by Edit O verso Designed by the graphics department, corporate communications, BNP Paribas Securities Services April Figures as at 31 December 2012