BNY Mellon Asset Servicing has been selected by Credit Suisse Asset Management to provide a full range of fund services including accounting, administration, transfer agency and custody
BNY Mellon Asset Servicing has been selected by Credit Suisse Asset Management to provide a full range of fund services including accounting, administration, transfer agency and custody services, to support the launch of their first Irish exchange-traded funds.
The ETFs will be Ucits products and will be based on broad market equity and fixed income indices.
The funds will be marketed under the ‘Xmtch’ ETF brand and will trade initially on the Swiss Stock Exchange with multiple cross listings across Europe in the near future.
‘Our continuing investments in technology and customer support enable us to provide a broad spectrum of services for innovative mutual funds and ETFs, such as these new offerings from Credit Suisse,’ says Ross Whitehill, head of offshore management at BNY Mellon Asset Servicing.
‘Our ETF servicing platform will work with Credit Suisse’s products to make sure their shareholders and market participants are receiving accurate and timely information. We look forward to supporting the success of this new initiative as Credit Suisse enters the Irish ETF arena and see this as a continuation of a global and long standing relationship between our two firms.’