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

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

Rating:PaydenFunds Taps Back Office Helper Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, June 13, 2003

PaydenFunds Taps Back Office Helper

by: Sean Hanna, Editor in Chief

UMB Investment Services Group has won the contract to provide transfer agency services to the Paydenfunds and Metzler/Paydenfunds. Los Angeles-based Payden & Rygel advises both of the no-load fund families. All counted, the contract covers 23 funds and $2.5 billion in assets.

The deal, which will kick in September of this year, covers both transfer agent and back-office services such as processing applications, recordkeeping, mailing shareholder statements, and reporting investor tax information.

Payden & Rygel did not say which other firms had been considered during the search. Yot Chattrabhuti, senior vice president at the fund firm explained UMB was "very attentive" to identifying ways it could meet Payden's needs from the start of the search process.

"When we met with UMB's management and staff, we could sense their enthusiasm, and we were convinced that they are well-qualified to offer high-quality service," said Chattrabhuti.

UMB Investment Services is based in Milwaukee.  

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
2020: Q1
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




©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use