BNY Mellon Asset Servicing Appointed as Fund Services Provider by San Marino Investment International Sicav
October 02 2007 - 4:13AM
PR Newswire (US)
LONDON, Oct. 2 /PRNewswire-FirstCall/ -- BNY Mellon Asset
Servicing, a global leader in securities servicing, has been
appointed by San Marino International Investments Sicav, promoted
by Banca di San Marino, to provide Luxembourg depository bank and
global custody services. Marco Calzi, Managing Director of San
Marino Investment International Sicav and Managing Partner at OA
Consulting, said: "Following a market review we selected BNY Mellon
Asset Servicing, which clearly demonstrated its strong commitment
in helping us in developing our ambitious business model." Cesare
Richeldi, CEO of Banca di San Marino and Director of San Marino
Investment International Sicav, said: "The Banca di San Marino is
pursuing an ambitious expansion plan, aiming to develop new
business areas in the neighbouring Italian region. A number of
specialized distribution platforms will soon offer the shares of
our Sicav." Nadine Chakar, Executive Vice-President and Head of
EMEA at BNY Mellon Asset Servicing, said: "I am delighted we have
been selected by San Marino International Investments Sicav, and my
team and I look forward to building on our new partnership in the
coming months and years. Luxembourg of course remains a key area of
focus for BNY Mellon Asset Servicing, and as ever we will be
working closely with all our clients and the authorities to ensure
we continue to provide flexible and robust solutions for the
market's post-trade needs." Notes to editors BNY Mellon Asset
Servicing offers clients worldwide a broad spectrum of specialised
asset servicing capabilities, including custody and fund services,
securities lending, performance and analytics, and execution
services. BNY Mellon Asset Servicing provides services through The
Bank of New York, Mellon Bank, N.A. and other related companies.
The Bank of New York Mellon Corporation is a global financial
services company focused on helping clients manage and service
their financial assets, operating in 37 countries and serving more
than 100 markets. The company is a leading provider of financial
services for institutions, corporations and high-net-worth
individuals, providing superior asset management and wealth
management, asset servicing, issuer services, clearing services and
treasury services through a worldwide client-focused team. It has
more than $20 trillion in assets under custody and administration
and more than $1 trillion in assets under management. Additional
information is available at http://www.bnymellon.com/. Banca di San
Marino was founded in 1920 and now offers its services as a global
banking and financial partner, proposing a wide variety of
diversified Private Banking investment solutions, with a network of
branches throughout the Republic of San Marino as well as operating
through remote banking with an efficient multichannel approach. The
bank's firm roots in its territory and its consolidated experience
in the credit sector give BSM a primary role in the growth of the
local economy. The BSM group is also active in real estate leasing
services and in static assets administration, as well as in the
sector of new information technologies. Additional information on
the characteristics of the bank is available at http://www.bsm.sm/.
OA Consulting is a boutique wealth management advisory and
management consultancy firm, focused exclusively on the financial
services industry. Headquartered in Luxembourg, the leading private
banking centre in the euro zone and the second largest investment
fund centre in the world, OA Consulting is committed on creating
value and sustainable competitive advantage on clients' businesses.
All information and figures source Mellon International unless
otherwise stated as at 30 June 2007. This press release is issued
by Mellon International Limited to members of the financial press
and media. Registered office: Mellon International Limited, Mellon
Financial Centre, 160 Queen Victoria Street, London, EC4V 4LA
Registered in England no. 3755033 A Bank of New York Mellon
Company(SM) DATASOURCE: BNY Mellon Asset Servicing CONTACT: Louisa
Bartoszek of BNY Mellon Asset Servicing, +44 20 7163 2826, Web
site: http://www.bnymellon.com/ http://www.bsm.sm/
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