Premier AM connects to Calastone for funds distribution

Premier Asset Management, the UK-based fund manager with £1.3bn under management, has signed an agreement to make its funds available via Calastone, an independent cross-border transaction network for the mutual funds industry. According to Calastone, by connecting to the firm's transaction network, Premier Asset Management will benefit from fully electronic STP throughout the transaction lifecycle, whatever its preferred messaging protocol. It will gain electronic connectivity to fund distr