CIBC Mellon Global Securities Services Company has been appointed by AXA Rosenberg Group LLC as its asset services provider for their institutional pooled fund products in Canada.
“AXA Rosenberg is a recognized global equity specialist with more than two thirds of our over $90 billion in assets under management in global and multi-country strategies for our worldwide client base,” said Kevin Martino, Director of Marketing, AXA Rosenberg Canada Company. “With this responsibility, it was important for us to identify a partner who aligns with our philosophy of combining leading edge technology with a depth of knowledge and experience. CIBC Mellon’s technology, service and global capabilities as part of The Mellon Group of companies made this appointment our logical step for our efforts in Canada.”
“We are pleased to be AXA Rosenberg Group LLC’s asset service provider of choice, providing global custody, fund accounting, unitholder recordkeeping, securities lending and foreign exchange capabilities for their institutional pooled fund products,” added Thomas C. MacMillan, president and chief executive officer, CIBC Mellon. “We look forward to working with AXA Rosenberg Group LLC as they expand their presence in the Canadian market, and helping them achieve their goals.”