Bny Mellon News

The closure, which took place in December last year, was revealed in the firm's 2024 Assessment of Value report, which identified three funds for consistently delivering value for investors in the 12 months to 31 March 2024. Over the last three years, the £670.6m Newton Growth and Income Fund for Charities strategy outperformed the Newton Growth & Income Fund for Charities index by 7.6% versus the latter's 5.5%. The board of BNY Mellon Fund Managers argued the fund delivered a positive return over the year ending 31 March due to the strategy's lower sensitivity to interest rates than ...

(Reuters) -Bank of New York Mellon Corporation on Friday reported a 50% fall in fourth-quarter profit due to some one-time charges, including those tied to the Federal Deposit Insurance Corporation's (FDIC) deposit insurance fund.

Paul Ilott (pictured), is the managing director at Scopic Research.

Experts argued that policymakers and regulators should consider actions to bolster the potential supply-side of the market, as well as ways to responsibly create demand.

The Monetary Authority of Singapore (MAS) has introduced five additional industry pilots to Project Guardian to test various use cases around asset tokenization. 

Big financial institutions such as Fidelity Investments’ foray into the cryptocurrency market is a boon rather than a bane for the asset class and will aid in building the ecosystem further, according to Vikram Subburaj, CEO, Giottus Crypto Platform. “As more traditional financial institutions enter the crypto market, it validates the industry’s legitimacy and attracts a more extensive user base,” Subburaj said, adding, “Rather than perceiving this as a threat, we view it as a positive development that validates the potential of the crypto market. In an interview with ETMarkets, Subburaj also spoke about the confluence of opportunities and challenges in the crypto market, and Giottus’ business growth plans. Edited excerpts: What challenges and opportunities do you see in the cryptocurrency market, both globally and in the context of India’s regulatory developments, in the coming years? In the crypto market, both globally and in India, we anticipate a confluence of challenges and opportunities.

Slattery-Vickers was previously at Castlefield, while Angell joins from Square Mile.

Matt Oomen (pictured) is global head of distribution at BNY Mellon Investment Management.

The portfolio invests across the all-cap US market, seeking firms which provide a balance of income today and dividend growth potential in the future.

Paul Flood, head of mixed assets at Newton IM and manager of the fund

The move points to a potential tightening of the rules around ESG investing, or action against those fund managers found not to be following them.

'Most US banks are subject to lower regulatory capital requirements than the largest US banks.'

Richard Buxton of Jupiter Asset Management (pictured)

Ella Hoxha (pictured) will join from Pictet Asset Management on 31 July.

BNY Mellon and Franklin Templeton have been appointed as co-chairs of the new Digital Assets Market Subcommittee by the US derivatives and commodities regulator. 

The BNY Mellon US Equity Income fund and Brown Advisory US Smaller Companies fund have not been rated by RSMR before

Circle Internet Financial seems to have successfully navigated the challenges posed by the chaos in the banking system. The stablecoin giant was caught in the turmoil induced by the liquidation of Silvergate Bank. This eventually led to the seizure of Silicon Valley Bank and the subsequent shutting down of Signature Bank. 

Circle’s stablecoin USD Coin (USDC) is climbing back to its $1 peg following confirmation from CEO Jeremy Allaire that its reserves are safe and the firm has new banking partners lined up at “banking open tomorrow morning.”

BNY Mellon funds boss Hanneke Smits can now add chair of diversity campaigners the 30% Club to her impressive CV.

The bulk majority of Bank of New York Mellon's clients are interested in investing in digital assets despite the recent market meltdown. 

Michael Demissie, the head of digital assets at Bank of New York Mellon (BNY Mellon) is adamant that the cryptocurrency market fall in 2022 won’t waver institutional interest in digital assets.