Barclays Wealth Funds has awarded a mandate to BNY Mellon Asset Servicing. The investment servicing firm will provide transfer agency and fund accounting services to U.K. domiciled assets worth $6.4 billion. The total amount of Barclays Wealth fund assets being managed by BNY Mellon will increase to $27.13 billion. BNY Mellon Asset Servicing offers securities services to help management, administration and oversight of an investment.
Click here for the release from PR Newswire.