The Bank of New York is to provide administration, accounting and transfer agency services to Skandi...
The Bank of New York is to provide administration, accounting and transfer agency services to Skandia's MultiManager Oeic. The Skandia Oeic, launched on 19 April, contains four sub-funds. The Skandia account marks the second large customer acquired by the Bank of New York in the past two months. Barclays Global Investors also signed up to the Bank's Rufus platform, which can administer both on and offshore funds and all Ucits vehicles.
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till