The go-live completes a three-year project of migrating DWS’s real estate portfolio, representing one of the industry’s largest fund conversions to a new platform.
Tag: BNY Mellon
Since joining BNY Mellon in the summer of last year, Charles Scharf has highlighted a number of new strategic goals for the bank.
In January, BNY Mellon announced the launch of a FX prime brokerage service, the first custodian to enter the space. Will this mean a new approach to FX prime brokerage?
BNY Mellon held previously held the rank as the largest global custodian by assets for three straight years.
BNY Mellon’s CEO Scharf hoped to reassure investors that it still has a solid pipeline of mandate wins to come.
Investment services revenues of increased 8% to $3.1 billion year-on-year but remained flat over the previous quarter.
The UK asset manager will consolidate its asset servicing relationships for its UK and Ireland fund ranges and use BNY Mellon as its sole outsourcing provider.
BNY Mellon report finds an additional $334 billion investment in real estate and $130 billion in infrastructure coming over the next two years.
Stephan Koschmieder has been appointed head of business development for Germany, Austria and CEE region at BNY Mellon.
The launch of the service follows the go-live of China A-Shares on the MSCI Emerging Markets Index for the first time.