BNY Mellon Wins European Hedge Fund Administrator

New York (HedgeCo.net) – BNY Mellon has been awarded five awards at International Custody and Fund Administration (ICFA) magazine’s European Service Provider Awards 2011.

“These awards are testament to the hard work of our employees across Europe.” Michael Cole-Fontayn, Chairman of Europe, Middle East and Africa at BNY Mellon, said, “I want to congratulate them on their commitment to high-quality service and continued innovation. Our strong showing in this respected survey underlines our outstanding investment services capabilities and our relentless pursuit of operational excellence as we look to help our clients’ businesses to grow and prosper.”

BNY Mellon was named European Custodian of the Year and European Hedge Fund Administrator (AUA greater than $100bn).

This year’s awards saw BNY Mellon retaining its crown in a number of key categories. The company was awarded European Broker/Dealer Custody and Clearing Provider of the Year for the third year running; Fund Administrator: Ireland for the sixth year in a row; and Custodian of the Year:Netherlands for the second consecutive year.

Alex Akesson
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