BNY Mellon has been appointed by Achmea Investment Management to provide AIFMD depositary and global custody services to nearly EUR19 billion of investment funds.
This latest appointment extends BNY Mellon’s relationship with Achmea Investment Management, where it already provides depositary and fund administration services for a number of Achmea IM’s investment funds.
Jacob de Wit, Chief Executive Officer of Achmea Investment Management, says: “We believe BNY Mellon is the right strategic business provider for us. We have a good cultural and personal fit with BNY Mellon’s team and organisation in the Netherlands. We look forward to growing a relationship based on our shared commitment to investor outcomes and service excellence.”
“We are excited to continue expanding our relationship with Achmea Investment Management. They have been very successful in attracting new institutional investors, in particular pension funds,” says Leonique van Houwelingen, EMEA Head of Strategic Growth and Regional Head of Client Coverage for Asset Servicing. “Our aim is to deliver digital custody and data solutions that enable seamless integration across the funds’ investment lifecycle, underpinned by a resilient, transparent and efficient operating model that enables Achmea Investment Management to focus on managing assets and servicing their customer base. This significant appointment is testament to the quality of our services, technology and our well-established team in the Netherlands.”
