Nassau-based mutual fund administrator Cardinal International Corporate Services, a member of the Cardinal International Group, has partnered with Family Asset Managers, a move aimed at improving its services to corporate and private clients. Cardinal almost doubled in size earlier this year when it acquired the back office operations of Norshield International, in order to meet growing customers demand. Cardinal said this new partnership will reap strong dividends from the combining of resources to build on individual strengths.

According to Cardinal International Chairman Stephen Hancock the strong growth in Cardinals fund administration and consulting services will enable the company to focus resources more effectively, while leveraging the client bases of both companies.