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coutts opts for bny mellon for irish multi asset

By International Adviser, 31 Jan 13

Coutts has chosen BNY Mellon as fund administrator of its new Irish-domiciled range of Ucits compliant multi-asset funds.

Coutts has chosen BNY Mellon as fund administrator of its new Irish-domiciled range of Ucits compliant multi-asset funds.

BNY Mellon will provide a “full suite” of services to the Irish domiciled range, including derivative execution, daily performance reporting, share class hedging and producing Key Investor Information Documents.

“This range of funds plays a vital role in the evolution of our wealth management capabilities and provides a transparent, cost-effective, RDR-compliant investment solution,” said Leslie Gent, managing director – investment office at Coutts.  “We sought an industry leader that truly understands our business and can provide bespoke solutions which meet our needs.”

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.