BNY Mellon selected as global sub-custodian by Multrees Investor Services

 14 January 2015

BNY Mellon, a global leader in investment management and investment services, has been appointed by Multrees Investor Services, a UK-based specialist provider of outsourced support services to boutique asset managers and family offices, to provide global custody and related services.

Under the terms of the new mandate, BNY Mellon will take on the role of Multrees' sub-custodian network and also provide foreign exchange services.

Chris Fisher, CEO at Multrees Investor Services, said: "The team at BNY Mellon has supported us through a professional and robustly controlled transition, ensuring a successful implementation process. Over the coming months we look forward to further growing our business with the support of the diverse range of services BNY Mellon has to offer."

Daron Pearce, global investment manager segment head at BNY Mellon, said: "Our long track-record as a global custodian and administrator means we are ideally positioned to help Multrees to meet its strategic goals through a combination of innovative solutions, market expertise and high quality service."