A fresh round of RFPs will be issued by the National Pension Service to local and global custodians as the new chairman prepares for a more aggressive asset allocation.
Tag : bny
Agent securities lenders say planned US counterparty credit limits and money-market fund reforms are driving them into high-margin trades.
OTC derivatives trades that are not centrally cleared are likely to cost more than cleared transactions, due to pricing by bank counterparties, argues BNY Mellon.
The credit-orientated firm expects the positive inflows of 2009 to continue for absolute-return and inflation-linked fixed-income strategies.
The US asset manager has plans to hire at least 50 people across Asia next year, with the biggest headcount growth likely in China.
Last night AsianInvestor named the top buy-side traders, custodian banker of the year and the best prime broking salespeople.
Chris Sturdy outlines where he intends to grow business in Asia, from asset management to asset servicing.
Andrew Gordon takes on a new role as head of broker/dealer services and alternative investment services for Asia.
It can now mandate directly BNY Mellon and State Street as global custodians.
Alex Johnstone, managing director, head of EMEA and Asia-Pacific, BNY Global Transition Management, explains the global trends and its Asia business.