Invesco Expands Relationship with BNY Mellon for Transfer Agency Services

BNY Mellon has successfully onboarded Invesco for transfer agency services in UK and Luxembourg

LONDON, June 2, 2021 /PRNewswire/ -- BNY Mellon has been appointed by Invesco Fund Management Limited and Invesco Management S.A. to provide transfer agency services to US$100bn* of their respective ICVC and SICAV fund ranges.

BNY Mellon already provides custody and fund administration services for the two fund ranges, which are domiciled in the UK and Luxembourg respectively. In addition, BNY Mellon provides custody, fund administration and transfer agency to some of Invesco's other Europe fund ranges, including Irish ETFs, Irish money market funds, UK investment trusts and German KVG funds.

Alan Flanagan, Global Head of Fund Services, Asset Servicing, BNY Mellon, said: "We are delighted to build on our multifaceted relationship with Invesco; our expanded collaboration is focused on a shared commitment to service excellence and an enhanced investor experience. Our appointment is a direct result of our exceptional team, strong industry positioning and innovative client engagement."

*As at Dec 31, 2020

About BNY Mellon
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. As of March 31, 2021, BNY Mellon had $41.7 trillion in assets under custody and/or administration, and $2.2 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

Contacts:
Media
Madelyn McHugh
+1 212 635 1376
madelyn.mchugh@bnymellon.com

Analysts
Marius Merz
+1 212 298 1480
marius.merz@bnymellon.com

 

Cision View original content:http://www.prnewswire.com/news-releases/invesco-expands-relationship-with-bny-mellon-for-transfer-agency-services-301303828.html

SOURCE BNY Mellon

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