BNY Mellon, the global leader in investment management and investment services, has been named ‘Best administrator over\u00a0$30bn\u00a0– single manager’ for the second year running at the\u00a0HFMWeek\u00a0<\/i>European Hedge Fund Services Awards, presented in\u00a0London\u00a0on\u00a0April 25.<\/p>\n
BNY Mellon was one of six industry-leading companies to be nominated for the honour as part of the 2013 awards, which recognise firms that have outperformed their peer group over the last 12 months. Companies are judged both quantitatively and qualitatively, based on financial progress, growth, and innovation across a number of areas.<\/p>\n
BNY Mellon won the award for its commitment to excellence in client service, which has driven sustained growth of its hedge fund administration business.\u00a0HFMWeek<\/i>\u00a0is an international publication for the hedge fund community, read by over 7,000 alternative fund managers \u2013 predominantly COOs and managing partners \u2013 and their advisers worldwide.<\/p>\n
“In a crowded and competitive space, BNY Mellon consistently distinguishes itself with technologically proficient, high-touch and innovative service.\u00a0This was underscored by the judges, who said that BNY Mellon is always astute in determining and meeting client needs,” said\u00a0Tony Griffiths, editor,\u00a0HFM Week<\/i>.<\/p>\n
BNY Mellon also won the Custody Risk 2013 Americas Award for ‘Most Innovative Project of the Year.’ Last year, the company became the first alternative investment fund administrator in the industry to streamline the post-trade cash settlement process by automating money movements for its hedge funds, fund of funds, and private equity clients around the globe.<\/p>\n
“These two awards reflect our relentless focus on outstanding service and market-leading technology to support our clients,” said\u00a0Marina Lewin, global head of sales for BNY Mellon’s alternative investment services business. “With AIFMD implementation fast approaching, we’ve been working closely with clients to ensure they’re prepared for the operational and regulatory challenges it entails. The strength of our full service offering is a big reason why we continue to grow our alternative assets under administration.”<\/p>\n","protected":false},"excerpt":{"rendered":"
BNY Mellon, the global leader in investment management and investment services, has been named ‘Best administrator over\u00a0$30bn\u00a0– single manager’ for the second year running at the\u00a0HFMWeek\u00a0European Hedge Fund Services Awards, presented in\u00a0London\u00a0on\u00a0April 25. BNY Mellon was one of six industry-leading […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13,4],"tags":[],"class_list":["post-35383","post","type-post","status-publish","format-standard","hentry","category-press-releases","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/35383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=35383"}],"version-history":[{"count":3,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/35383\/revisions"}],"predecessor-version":[{"id":35385,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/35383\/revisions\/35385"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=35383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=35383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=35383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}