BNY Mellon signs five firms for SMA platform
The US asset management and servicing group also expects to add up to four more fund houses to its new separately managed accounts platform in the next three months.
BNY Mellon has brought in five asset managers to offer strategies through its new separately managed account (SMA) business in Hong Kong and expects to add up to four more in the next three months.
The first fund houses on board include BlackRock, Capital International, Henderson Global Investors, Lazard Asset Management and UOB AM. These are in addition to the four in-house firms on the platform: BNY Mellon Asset Management Japan, Mellon Capital Management Corporation, The Boston…
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