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Navy Federal partners with FundQuest

Navy Federal Asset Management LLC today announced the launch of a new managed account platform in partnership with FundQuest Inc. of Boston.

Navy Federal Asset Management LLC today announced the launch of a new managed account platform in partnership with FundQuest Inc. of Boston.

The firm is a subsidiary of Navy Federal Credit Union of Vienna, Va., the world’s largest credit union with $36 billion in assets and three million members in all branches of the Armed Services.

FundQuest will provide a range of technology-based tools with back-office operational and reporting capabilities, investment research and monitoring services.

FundQuest is owned by BNP Paribas, a Paris-based global financial services firm. The combined U.S. and European operations have $64 billion in assets under management.

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