Dexia Fund Services Dublin (DFS) has confirmed that Mediolanum International Funds Limited (MIFL) has renewed its servicing contract with the bank.
DFS Dublin has been servicing MIFL’s three Irish domiciled unit trusts since 1997 with trustee, custody, fund accounting, management accounting and transfer agency services. MIFL are one of the largest fund promoters in Dublin, with assets of €7 billion under management.
“MIFL is a key strategic client for DFS and the relationship between the two groups is based on a solid partnership model,” says Michel Malpas, President of the Executive Committee of DFS. “MIFL further consolidated their relationship with DFS in 2002 by transferring their Luxembourg domiciled funds to DFS Luxembourg.”
Dexia Fund Services Dublin has been in operation since 1997 and employs 130 people at its Dublin office.