Brief: Aon chooses Bank of New York and AIB for fund administration

Brief: Aon chooses Bank of New York and AIB for fund administration

AIB/BNY Fund Management, the Irish joint venture between the Bank of New York and Allied Irish Banks, has been selected to provide custody and fund administration services for Aon International Funds' Dublin-based assets.

The Bank of New York already acts as global custodian for Aon's insurance assets.

William Johnson, managing director of Aon Advisors (UK) Limited, comments: "AIB/BNY Fund Management's expertise and commitment to fund servicing was critical to our selection of a custodian and fund administrator."

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