Mandate watch: BNY Mellon wins four mandates from Touchstone

Touchstone appoints BNY Mellon to four more funds as the year ends with a steady stream of securities services mandates

Hand shake

2012 was a steady year for mandates, with the last quarter no exception.

BNY Mellon picked up several mandates. It extended its relationship with US-based Touchstone Investments to provide mutual fund accounting and administration and transfer agency services for four more funds. BNY Mellon will, in addition, provide call centre servicing and regulatory services for Touchstone’s mutual funds.

The custodian also signed global custody and outsourcing deals with Allianz Bank Bulgaria and Allianz

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