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StanChart Wins ING MF Mandate
Standard Chartered Bank India has won a fund accounting mandate from ING Mutual Fund, a vehicle of the ING Investment Management India.
Standard Chartered Bank Indiahas won a fund accounting mandate fromING Mutual Fund, a vehicle of theING Investment Management India,Business Standardreports. The mandate covers the single manager schemes of ING and will be effective from August 2011.
The mandate includes 15 schemes with about $230 million in assets under administration. Standard Chartered already offers custodian services to ING.
Click here for the story fromBusiness Standard.