Transitioning back to normal
The Bank of New York Mellon says institutional investors are on the verge of an unprecedented level of asset manager replacements.
Institutional investment managers are looking to resume asset transitions in record numbers.Mark Keleher, CEO of the Bank of New York (BNY) Mellon Asset Management's transition manager Mellon Transition Management (MTM), thinks institutional investors are on the verge of an unprecedented level of asset manager replacements.According to Keleher, investors have increased their exposure to indexing and longer-duration bond strategies and scaled back on the number of firms actively managi…
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