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BNY Mellon to manage Munich funds


18 September 2012 Frankfurt
Reporter: Georgina Lavers

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Image: Shutterstock
BNY Mellon will launch and manage VVO Haberger AG’s new Private Label Funds, via its affiliate BNY Mellon Service KAG.

BNY Mellon will provide the Munich-based company with bespoke KAG (‘Kapitalanlagegesellschaft’), custody and depotbank services.

Andreas Haberger, co-CEO of VVO Haberger AG, said: “BNY Mellon Service KAG impressed us when it came to those fund structures which are relevant to us.”

Co-CEO Florian Haberger added: “No other service provider has been able to demonstrate a similar wealth of experience and put together such a customised package.”
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