CIBC Mellon has been selected to provide custody, securities lending and accounting services to the Bloom Income & Growth Canadian Fund and the upcoming Bloom Select Income Fund.
CIBC Mellon now provides asset servicing for more $370 million of assets managed by Bloom.
“We selected CIBC Mellon as our asset servicing provider based on their superior technology, their strong operating environment, and perhaps most importantly, the impressive dedication to client service permeating the company’s culture,” says Paul Bloom, president of Bloom Investment Counsel, Inc. “We have worked with many custodians and have found CIBC Mellon to be the best at allowing us to focus on our goals.”
“Bloom Investment Counsel is trusted by an array of wealthy individuals, corporations, institutions and trusts to exceed expectations and deliver outstanding results,” says Tom Monahan, president and CEO of CIBC Mellon. “We share Bloom’s commitment to performance, effective governance and responsibility to our stakeholders, and we look forward to supporting Bloom and its clients in achieving their investment goals.”
(CG)