BNY Mellon has renewed its relationship with Aston Funds to provide custody, fund accounting and sub-administration, regulatory administration and transfer agency services. The firm also will provide performance and risk analytics reporting.
BNY Mellon services 25 Aston Funds with $12 billion in assets under management.
Jerry Dillenburg, COO and chief compliance officer for Aston Funds, says BNY Mellon has provided an outstanding service over the firms 16-year relationship. The custodians comprehensive suite of products and services were compelling reasons to continue this relationship,” Dillenburg says.
Samir Pandiri, executive vice president of BNY Mellon, head of Americas Asset Servicing and CEO of BNY Mellon’s Alternative Investment Services (AIS) and AIS Prime Custody, adds: “BNY Mellon continues to invest in resources that can help fund complexes such as Aston Funds launch new products and services and be responsive to their clients’ changing needs. Clients are looking for more sophisticated solutions to help them navigate the changing regulatory and market environment.”
(CG)