ITALY - BNP Paribas has bought the fund of hedge funds (FoHF ) business from Depo Bank to reinforce its strategic commitment to Italian institutional investors, asset managers and pension funds.
Mauro Dognini, deputy head of BNP Paribas Securities Services Milan, said: “The FoHF industry in Italy is growing rapidly and the acquisition of RasBank Banca Depositaria business, which covers 57...
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