BBH becomes the ING IM Luxembourg funds Custodian
In 2009, ING IM announced its intention to outsource the depositary and custodian bank functions of its Luxembourg fund range to Brown Brothers Harriman (“BBH”) in order to offer its fund shareholders a best in class operational environment. In May 2010, we are at a point where the shareholders’ notice and prospectus’ will be communicated after approval by the relevant regulators and authorities and where the migration will be progressively be implemented.
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