JP Morgan Provides Securities Services To GBP 4 billion Cazenove Capital Funds

UK investment services provider, Cazenove Capital Management, selected JP Morgan's global custody, fund administration and fiduciary solution as the main securities services provider for its GBP 4 billion of UK and Irish funds. "We are pleased with the way in

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UK investment services provider, Cazenove Capital Management, selected JP Morgan’s global custody, fund administration and fiduciary solution as the main securities services provider for its GBP 4 billion of UK and Irish funds.

“We are pleased with the way in which this conversion was managed “JPMorgan’s team of dedicated professionals has successfully migrated our funds onto their platform on time and on budget,” said Mike Neilson, CEO at CCM. “We have achieved our goal of consolidating our outsourcing arrangements into a more efficient solution.”

The next phase will be the custody transition of the remaining GBP 6 billion of private and institutional client assets managed by CCM, which is planned for completion during 2006.

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