BBH becomes the ING IM Luxembourg funds Fund Administrator

ING IM has decided in 2009 to transfer the fund administration function that is currently provided by BNP Securities Services to BBH. As such, BBH will calculate the NAVs in accordance with the prospectus and the Articles and execute the legal and administrative formalities required by Luxembourg law and regulations. The migration project – which is subject to approval from regulators and boards - will take place in tranches from July to November 2010, in parallel with the fund Custodian bank migration.

For further detailed information click here.