TORONTO, Nov. 5 /CNW/ - Today, CIBC Mellon Global Securities Services
Company announced its appointment by McLean & Partners Wealth Management Ltd.
to act as the company's asset servicing provider for three new private global
pooled funds, which were recently launched in Canada.
"The creation of our private investment pools is an integral step in
serving the needs of the high net worth, private client market. The launch of
our pooled funds allows our research team a much broader opportunity set of
international stocks and a multi-currency capability, coupled with a
simplified investment experience for the client," said Brent McLean, president
and chief executive officer, McLean & Partners. "With our new products, it was
important for us to work with a partner who shares our emphasis on client
service and has global scale, size and reach."
"We are pleased to be McLean & Partners service provider of choice,
providing global custody, fund accounting, unitholder recordkeeping,
securities lending and foreign exchange capabilities for their global pooled
funds," said Thomas C. MacMillan, president and chief executive officer, CIBC
Mellon. "We look forward to helping McLean & Partners and their clients
achieve their goals with our award-winning technology, Workbench, and our
people's expertise and commitment to client service excellence."
McLean & Partners Wealth Management Ltd. is an independent wealth
management firm based in Calgary, specializing in global dividend growth stock
investing. With more than $1.2 billion dollars in assets under management,
McLean & Partners is recognized as a leading high net worth private client
investment firm in western Canada. Visit McLean & Partners Wealth Management
Ltd. at www.mcleanpartners.com
CIBC Mellon is 50-50 jointly owned by Canadian Imperial Bank of Commerce
and The Bank of New York Mellon Corporation. CIBC Mellon Global Securities
Services Company is a leading provider of financial services for institutions
and corporations, providing superior asset servicing, multicurrency
accounting, information delivery, securities lending and foreign exchange
services in Canada. CIBC Mellon is part of BNY Mellon Asset Servicing, which
has more than US$ 20 trillion in assets under custody and administration.
Visit CIBC Mellon's website at www.cibcmellon.com.
For further information:
For further information: Cheryl Ficker, director, corporate affairs,
CIBC Mellon, (416) 643-6368