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Bank of Scotland appoints third party fund administrators


The Bank of Scotland has appointed specialist third party fund administrators Mellon Fund Administration to run its Open ended investment company.


Mellon will be responsible for dealing, registration and fund accounting for the new &#39Investors Club&#39 Oeic launched by the bank on March 1.


The administrators will also be responsible for the Bank Of Scotland Isa.


The launch is the culmination of an ongoing development process with which Mellon has assisted the bank with since 1998.

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