The Bank of New York has announced that it has been chosen by Manek Investment Management Limited (Manek), a UK retail fund manager, to provide transfer agency services for the Manek Growth Fund.
“We chose The Bank of New York because its robust fund services help us with our servicing requirements,” commented Jayesh Manek, fund manager of Manek Investment Management.
Nick Parkes, managing director of European fund services at The Bank of New York, said, “The Bank of New York’s continued investment in and development of European fund services enables us to meet the complex needs of our clients, and this win underscores our commitment to the retail fund arena.”