Bank of new york asset management
The Bank of New York Asset Management (BNY Asset Management) is a global investment management company that provides a range of investment products and services to institutional and individual investors. Here are some key facts about BNY Asset Management:
History: BNY Asset Management was founded in 1989 as the asset management arm of The Bank of New York Mellon Corporation. It is one of the largest asset managers in the world, with over $1.7 trillion in assets under management (AUM) as of 2022.
Investment Strategies: BNY Asset Management offers a range of investment strategies across various asset classes, including:
- Fixed Income: Government bonds, corporate bonds, and other fixed-income securities.
- Equities: Stocks, including individual stocks, index funds, and exchange-traded funds (ETFs).
- Alternatives: Private equity, real estate, commodities, and other alternative investments.
- Multi-Asset: Diversified portfolios that combine different asset classes.
Investment Products: BNY Asset Management offers a range of investment products, including:
- Mutual Funds: Open-ended funds that pool money from investors to invest in a specific asset class or strategy.
- Exchange-Traded Funds (ETFs): Listed funds that trade on an exchange like stocks, offering flexibility and diversification.
- Institutional Separate Accounts: Customized investment portfolios for institutional investors, such as pension funds and endowments.
- Sub-Advised Funds: Funds managed by external investment managers, with BNY Asset Management serving as the sub-advisor.
Global Presence: BNY Asset Management has a significant presence in major financial centers around the world, including:
- New York, USA
- London, UK
- Paris, France
- Tokyo, Japan
- Hong Kong, China
- Singapore
- Sydney, Australia
Awards and Recognition: BNY Asset Management has received numerous awards and recognition for its investment performance, risk management, and client service. Some notable awards include:
- Lipper Fund Awards
- Morningstar Fund Awards
- Pensions & Investments Best Places to Work in Money Management
- Financial Times Top 300 Asset Managers
Client Base: BNY Asset Management serves a diverse range of clients, including:
- Institutional investors: Pension funds, endowments, foundations, and other institutional investors.
- Individual investors: Retail investors, high-net-worth individuals, and family offices.
- Financial intermediaries: Broker-dealers, registered investment advisors, and other financial intermediaries.
Overall, BNY Asset Management is a leading global investment manager that offers a range of investment products and services to institutional and individual investors.