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Industry news

BNY Mellon gets Touchstone mutual fund mandate


08 December 2011 New York
Reporter: Anna Reitman

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Image: Shutterstock
BNY Mellon has announced its selection by Touchstone Investments to provide mutual fund accounting and administration, transfer agency and "blue sky" compliance services.

It also will provide call center servicing and regulatory services for Touchstone’s 42 mutual funds.

Nancy Wolcott, executive vice president and head of US fund services at BNY Mellon, said, “Our ability to deliver flexible middle and back office services, combined with our ability to support our clients’ distribution efforts, have made our continued momentum in the asset servicing space possible.”

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