Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Old Mutual Capital Awards Back-Office Mandate Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, February 19, 2008

Old Mutual Capital Awards Back-Office Mandate

News summary by MFWire's editors

Old Mutual Capital has hired BNY Mellon Asset Servicing to provide fund administration, accounting services and some ancillary services. BNY Mellon now also serves as the sole custodian for Old Mutual's line of mutual funds. Denver-based Old Mutual has upwards of $5 billion in AUM in its mutual funds.

Julian Sluyters
Old Mutual Capital
President and COO
"The Bank of New York Mellon was a known entity to us, as they are a reputable industry leader," said Julian Sluyters, president and chief operating officer of Old Mutual Capital.

Old Mutual's former fund administrator was SEI. Old Mutual previously had three custodians. Besides Bank of New York, Union Bank of California and U.S. Bank provided custody services.


Company Press Release

NEW YORK, Feb. 19 /PRNewswire-FirstCall/ -- BNY Mellon Asset Servicing, the global leader in asset servicing, has been selected by Old Mutual Capital as global custodian for its mutual fund business, which manages more than $5 billion in assets. In addition, BNY Mellon Asset Servicing will provide fund administration, accounting services and some ancillary services.

"The Bank of New York Mellon was a known entity to us, as they are a reputable industry leader," said Julian Sluyters, president and chief operating officer, Old Mutual Capital, Inc. "We are a very focused organization and are intent on providing the highest level of service to our shareholders, and the consistent quality of asset servicing is a critical element in helping us do so."

"Old Mutual Capital will benefit from our flexible reporting options, ability to deliver a suite of integrated products, and responsive service," said Joseph Keenan, managing director, BNY Mellon US Asset Services. "This appointment demonstrates our dedication to meeting the unique requirements of each asset manager, regardless of fund structure."

Denver-based Old Mutual Capital, Inc. (OMCAP) is an investment advisory firm that serves as Advisor to the Old Mutual Funds and Old Mutual Funds II. OMCAP operates the full service mutual fund and managed account platform of Old Mutual Asset Management, the U.S. asset management group of Old Mutual plc (London Stock Exchange: OML). Old Mutual Capital, Inc. together with its wholly-owned subsidiary, Old Mutual Investment Partners, offer unique and timely investment solutions including asset allocation funds, sub-advised mutual funds, and separately managed accounts. All are managed by institutional asset managers either affiliated with or in a partnership with Old Mutual Asset Management. More information on Old Mutual Capital, Inc. and its products and strategies is available from the firm's website at www.oldmutualcapital.com.

BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of specialized asset servicing capabilities, including custody and fund services, securities lending, performance and analytics, and execution services. BNY Mellon Asset Servicing provides services through The Bank of New York, Mellon Bank, N.A. and other related companies.

The Bank of New York Mellon Corporation is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has more than $20 trillion in assets under custody and administration, more than $1.1 trillion in assets under management and services $11 trillion in outstanding debt. Additional information is available at bnymellon.com.
 

Edited by: Armie Margaret Lee


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2021: Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. MFDF webinar - Gender Bias in Investment Professional Evaluations, March 9
  2. FinReg Outlook 2021, March 10
  3. MFDF Director Discussion Series - Open Forum via Zoom (Midwest), March 10
  4. Irish Funds North American Digital Seminar, March 11
  5. Nicsa webinar - Listen, Learn & Lead: Empowering and Sponsoring Women, March 11
  6. MFDF webinar - Municipal and Taxable Fixed Income — A Multi-Speed Recovery, March 12
  7. 2021 Virtual Mutual Funds and Investment Management Conference, Mar 15-19
  8. Women for Impact - A Call to Action, March 16
  9. SEC & DOL Standard of Conduct Rulemakings — Present & Future Considerations, March 23
  10. Expect Miracles Foundation's Virtual Mystery Game Night, March 24
  11. MFDF Director Discussion Series - Open Forum via Zoom, March 24
  12. ETFGI Global ETFs Insights Summit - ESG & Active ETF Trends, Mar 24-25
  13. MFDF webinar - Asset Management M&A for Fund Directors — Recent Trends and Governance Issues, March 31
  14. MFDF Director Discussion Series - Open Forum via Zoom, April 7
  15. MFDF In Focus: Board Oversight of Sub-advisers, April 15
  16. ETF.com Awards 2020, April 20
  17. The 31st Sub-Advised Funds Forum, Apr 20-21
  18. MFDF Director Discussion Series - Open Forum via Zoom (Northeast), April 21
  19. FIASI virtual event - ESG in Fixed Income: Shining a Light on Transparency, Apr 22-23
  20. 44th Annual AIMSE Marketing & Sales Conference, May 2-4
  21. MFDF Director Discussion Series - Open Forum via Zoom (Southeast), May 5
  22. ICI 2021 General Membership Meeting - Day 1, May 6
  23. ICI 2021 General Membership Meeting - Day 2, May 13
  24. 2021 FINRA Annual Conference, May 18-20
  25. MFDF Director Discussion Series - Open Forum via Zoom, May 19
  26. 2nd annual ETFGI Global ETFs Insights Summit - USA, May 19-20




©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use