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Custody news

Aston Funds’ BNY Mellon bond still going strong


30 January 2013 New York
Reporter: Jenna Jones

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Image: Shutterstock
Aston Funds has renewed its relationship with BNY Mellon. The 16-year affiliation sees BNY Mellon provide the firm with custody, fund accounting and sub-administration, regulatory administration and transfer agency services.

BNY Mellon provides the services to 25 Aston Funds with $12 billion in assets under management.

Jerry Dillenburg, COO and chief compliance officer for Aston Funds, said: “BNY Mellon’s history of providing outstanding service over a 16-year period as well as its comprehensive suite of products and services were compelling reasons to continue this relationship.”

Samir Pandiri, BNY Mellon executive vice president and head of Americas asset servicing and CEO of alternative investment services, said: "BNY Mellon continues to invest in resources that can help fund complexes such as Aston Funds launch new products and services and be responsive to their clients' changing needs."

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