BNY Mellon renews relationship with Aston Funds
BNY Mellon has renewed its relationship with Aston Funds to provide custody, fund accounting and sub-administration, regulatory administration and transfer agency services.
BNY Mellon also will provide performance and risk analytics reporting.
BNY Mellon provides the services to 25 Aston Funds with USD12bn in assets under management.
"BNY Mellon's history of providing outstanding service over a 16-year period as well as its comprehensive suite of products and services were compelling reasons to continue this relationship," says Jerry Dillenburg, chief operating officer and chief compliance officer for Aston Funds.
"BNY Mellon continues to invest in resources that can help fund complexes such as Aston Funds launch new products and services and be responsive to their clients' changing needs," says Samir Pandiri, BNY Mellon executive vice president, head of Americas asset servicing and chief executive officer of BNY Mellon's alternative investment services (AIS) and AIS prime custody businesses. “Clients are looking for more sophisticated solutions to help them navigate the changing regulatory and market environment."
- Special Reports
- How to set up a hedge fund