BNY Mellon Investment Management Boutique Wins Commonwealth Bank Mandate
Newton Investment Management, part of BNY Mellon Investment Management was awarded a mandate from Commonwealth Bank Group Superannuation scheme.
“The mandate was awarded to Newton’s Global Real Return strategy.”
The mandate was awarded to Newton’s Global Real Return strategy which takes a global multi-asset approach investing in traditional assets such as equities, bonds, and selective alternative securities.
News Source: BNY Mellon Investment Management Press Release
The Bank of New York Mellon Corporation, commonly referred to as BNY Mellon, is an American worldwide banking and financial services corporation formed on July 1, 2007, as a result of the merger of The Bank of New York and Mellon Financial Corporation. BNY Mellon is the world’s largest custodian bank with more than $29.5 trillion in assets in custody. It also has over $1.664 trillion in assets under management. The Bank of New York is the oldest banking corporation in the United States, and the 20th oldest bank in the world, having been established on June 9, 1784, by American Founding Father Alexander Hamilton.
- Origin: New York, United States
- Assets: US$393.7 billion
- Revenue: US$ 15.2 billion
- Employees 51,200
Official Website: www.bnymellon.com
News & Media: Press Release
Updated on 8th August 2016