CIBC Mellon has been chosen to provide asset-servicing solutions for a number of Vertex One Asset Management funds.
The funds include the Vertex Fund, the Vertex Managed Value Portfolio, the Vertex Enhanced Income Fund, the Vertex Growth Fund and the Vertex Value Fund.
CIBC Mellon will provide custody, fund valuation, fund trustee services, unit-holder recordkeeping services, an integrated sales reporting and relationship management system, and access to the Workbench investment information platform.
“Superior asset servicing technology and exceptional client service set CIBC Mellon apart, and we are very much looking forward to working with them,” says Jeff McCord, managing director, Vertex One. “Throughout our review, the CIBC Mellon team were very committed to building a partnership and to tailoring a solution precisely to our needs and those of our clients.”
Tom Monahan, president and CEO of CIBC Mellon, adds: “We are pleased that CIBC Mellon’s industry-leading product line, Canadian focus, and commitment to client service have earned us Vertex One’s trust. Vertex One has grown substantially in recent years to become one of Canada’s leading alternative investment firms, and we are looking forward to supporting their continued success.”
(CG)