Credit Suisse Asset Management has tapped BISYS to provide services for a new fund-of-funds product line. The multi-manager portfolio will offer 12 sub-funds and will be offered through both retail and institutional channels.

"The launch of this new multi-manager fund product supports our strategic mission to expand our European product offering," said Ian Chimes, managing director of Credit Suisse Asset Management, London.

BISYS will provide registration and dealing services, commission and distribution processing, investor and financial reporting, and broker and agency support through its London-based platform.

Bill Tomko, president of BISYS' Investment Services Group, explained that the relationship with CSAM enables the back-office provider to leverage its European operations.  

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