The Bank of New York Appointed by Casa4Funds as Fund Services Provider
LUXEMBOURG, June 13, 2007 -- The Bank of New York, a global leader in securities servicing, has been appointed by Casa4Funds to provide Luxembourg Depository Bank and Global Custody for its new UCITS III Luxembourg Sicav.
Philippe Meloni, director at Casa4Funds, said, “Following a market review we selected The Bank of New York to provide Luxembourg Depository Bank and Global Custody Services for our UCITS III Luxembourg Sicav. The Bank of New York demonstrated the best combined technological and relationship solutions across all services.”
Andrew Bell, executive vice president and head of EMEA Investor Services at The Bank of New York, said, “This appointment by Casa4Funds demonstrates our ability to service a very broad range of financial instruments in Luxembourg domiciled Funds. We look forward to working with Casa4Funds to support them in reaching their business goals.”
The Bank of New York Company, Inc. (NYSE: BK) is a global leader in providing a comprehensive array of services that enable institutions and individuals to move and manage their financial assets in more than 100 markets worldwide. The Company has a long tradition of collaborating with clients to deliver innovative solutions through its core competencies: securities servicing, treasury management, asset management, and wealth management. The Company’s extensive global client base includes a broad range of leading financial institutions, corporations, government entities, endowments and foundations. Its principal subsidiary, The Bank of New York, founded in 1784, is the oldest bank in the United States and has consistently played a prominent role in the evolution of financial markets worldwide. Additional information is available at www.bankofny.com.
Casa4Funds, a management company founded in Luxembourg in 2006, acts as ManCo UCITS III, Investment Manager, Domiciliary Agent and Sponsor for different types of funds incorporated in Luxembourg or abroad. Today, the assets under management of C4F amounts to 2 Billion EUR.
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