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BNY Mellon wins EUR1 billion mandate

15 February 2010

BNY Mellon wins EUR1 billion custody mandate

 

BNY Mellon Asset Servicing will provide global custody and related services for Stichting Bedrijfstakpensioenfonds voor de Suikerverwerkende Industrie and Stichting Bedrijfspensioenfonds voor de Suikerwerk- & Chocoladeverwerkende Industrie (Bpf Koek & Snoep) for assets valued at EUR 1 billion.


 

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What will UCITS IV mean to the market?

It will increase economies of scale and reduce costs for UCITS investors
34%
It will provide more choice, transparency and investor protection
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It will encourage the consolidation of funds
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It will result in a push by firms to domicile in a single location as opposed to multiple
17%
No real effect at all
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