BNY ConvergEx targets smaller players with new offering
Global agency broker BNY ConvergEx launches a new clearing service to help small- and medium-size pension funds with their transition management.
BNY ConvergEx, an affiliate of Bank of New York Mellon, has launched a clearing service to help facilitate pension funds' international asset allocations and reduce risks during the process of transferring securities.The service is aimed at funds with assets under management of between $700 and $900 million. Using this service, pension funds investing in commingled funds have the ability to use transition management to make changes in investment strategy and increase the ability to he…
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.