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BNY Mellon expands Touchstone relationship
16 April 2012
Mandate includes fund accounting and administration, transfer agency and other services
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BNY Mellon
Touchstone
BNY Mellon has been selected by Touchstone Investments to provide mutual fund accounting and administration and transfer agency for 14 additional Touchstone mutual funds.
This brings the total number of Touchstone mutual funds being serviced by BNY Mellon to 56, representing more than $11bn in assets and more than 200,000 shareholder accounts.
BNY Mellon also provides call center servicing and regulatory administration services for Touchstone's mutual funds.
Touchstone Investments is a mutual fund company that provides investors with access to institutional asset managers who act in a sub-advisory capacity.