MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, February 1, 2002 Janus Taps Bisys The International fund arms of Janus Funds and Eaton Vance have each inked new deals with Bisys. Both fund firms were existing clients of Bisys and are expanding the extent of their relationship with the firm. London-based Janus International signed a multiple-year contract extension for Bisys provide services to the $3.2 billion Janus World Funds. Bisys is also servicing two new multi-class fund families that Janus launched in November 2001. The Janus Selection fund family, which is distributed by Citibank for investors in Japan, consists of five feeder funds with approximately $150 million in assets currently under management. The World Principal Protected fund family, which is distributed by Merrill Lynch, Prudential, UBS PaineWebber, and Citibank primarily for investors who seek principal protection, consists of three funds with more than $140 million in assets currently under management. "Bisys worked closely with our executives to design the new global funds and tailor the fund administration process," explained Richard Garland, chief executive officer of Janus International. Eaton Vance will also use Bisys Investment Services to provide fund administration and accounting to its Ireland-domiciled Emerald Funds with an expanded array of services. Bisys was already the transfer agent for the funds since 1999. Bisys was selected after a search which started early in 2001, explained Vincenzo Falbo, international managing director for Eaton Vance. Printed from: MFWire.com/story.asp?s=27286 Copyright 2002, InvestmentWires, Inc. All Rights Reserved |