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Royal Liver expands BNY Mellon fund administration mandate

16 May 2008  |  1783 views  |  0 Source: BNY Mellon Asset Servicing

BNY Mellon Asset Servicing, the global leader in securities servicing, today announced that Royal Liver Group has increased its mandate with the company to provide performance & risk analytics.

BNY Mellon currently provides a range of fund services to Royal Liver for assets valued at pounds Sterling 3.7 billion, including accounting, transfer agency and custody.

George McGregor, Chief Executive Officer of Royal Liver Asset Managers, comments: "The outsourcing of our performance and risk analytics will allow us to focus on our core business of adding value. BNY Mellon Asset Servicing has proven to be a strong and trustworthy partner as our custodian and we are confident that they are the most prudent choice for our performance and risk analytics and to help us achieve our long-term business goals."

Nadine Chakar, executive vice president and head of EMEA, BNY Mellon Asset Servicing, said: "We are delighted to be extending our partnership with Royal Liver. This relationship demonstrates our ability to provide a fully flexible service to clients who can choose from our range of products which best fit their needs at any stage in their business evolution."

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