MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, August 14, 2000 PFPC Gets Renewal PFPC and Alleghany Funds have agreed to terms under which Alleghany will extend PFPC's contract to provide transfer agency and fund accounting the two companies said today. The extension is for three years, according to a spokesperson for PFPC. PFPC was one of four firms considered for the business said a spokesperson for Alleghany Funds. He declined to provide the names of the other firms. "We looked at other firms to ensure that we are receiving the highest level of service," he explained. Under the terms of extension of the 1997 contract, PFPC will continue to provide Alleghany Funds with a variety of services including fund administration and accounting, transfer agency, and certain distribution services. Alleghany has 13 no-load funds with 27,000 shareholder accounts. It manages roughly $5.3 billion in assets. Printed from: MFWire.com/story.asp?s=26115 Copyright 2000, InvestmentWires, Inc. All Rights Reserved |