BNY Mellon gets French, UK mandates and expands P&RA offering
03 November 2011 London
Image: Shutterstock
BNY Mellon has announced two new mandates as well as an expansion of its performance and risk analytics (P&RA) offering.
Oddo AM, the asset management branch of French financial services group Oddo & Cie, appointed BNY Mellon to provide fund administration and custody services for its new hedge fund, Orsay Merger Arbitrage.
In addition, the asset servicing provider was selected by Moat Housing Association in the UK for corporate trust services of a £150 million bond issuance. It will provide principal paying agent, account bank, custodian and common safe-keeper services.
BNY Mellon has also has introduced a number of enhancements to its Performance & Risk Analytics reporting that offers interactive capability which enables clients to customise and gain greater insight into their portfolio returns.
John Gruber, managing director, global product strategy for BNY Mellon Asset Servicing’s P&RA group, said, "It’s all about delivering the level of insight and flexibility managers need to make informed investment decisions.”
The company’s new Interactive Performance Report (IPR) makes new features available to institutional clients which allow users to view and customise a wide range of performance-related data by options including rate of return by account or asset class, and to drill-down on select data by asset classification such as by country, sector or industry on a daily, weekly or customised time period basis.
Oddo AM, the asset management branch of French financial services group Oddo & Cie, appointed BNY Mellon to provide fund administration and custody services for its new hedge fund, Orsay Merger Arbitrage.
In addition, the asset servicing provider was selected by Moat Housing Association in the UK for corporate trust services of a £150 million bond issuance. It will provide principal paying agent, account bank, custodian and common safe-keeper services.
BNY Mellon has also has introduced a number of enhancements to its Performance & Risk Analytics reporting that offers interactive capability which enables clients to customise and gain greater insight into their portfolio returns.
John Gruber, managing director, global product strategy for BNY Mellon Asset Servicing’s P&RA group, said, "It’s all about delivering the level of insight and flexibility managers need to make informed investment decisions.”
The company’s new Interactive Performance Report (IPR) makes new features available to institutional clients which allow users to view and customise a wide range of performance-related data by options including rate of return by account or asset class, and to drill-down on select data by asset classification such as by country, sector or industry on a daily, weekly or customised time period basis.
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