LONDON, June 4, 2015 /PRNewswire/ -- BNY Mellon, a
global leader in investment management and investment services,
took the top spot in this year's Global Investor/ISF Global Custody
Survey in the Europe,
Middle East & Africa (EMEA) (Weighted) and the Single
Custodian (Weighted) categories.
BNY Mellon also topped the Weighted rankings for clients with
Assets under Management (AuM) Greater than $3 billion in the Global, EMEA
and Asia-Pacific
categories. The company also topped the Raw Data rankings in this
category in Asia-Pacific.
The company was the highest rated provider in the following
Weighted service categories:
- Client Services
- Relationship Management
- Cash Management
BNY Mellon was also ranked #1 versus peers in the
following Raw Data categories:
- APAC
- Cash Management
- Client Services
Hani Kablawi, EMEA head of Asset Servicing at BNY Mellon, said:
"The EMEA region is a key engine for growth for our business –
two-thirds of the global top 50 asset managers operate across the
region and it is also home to some of the world's largest and most
sophisticated sovereign wealth and occupational pension funds. We
have a strong and established client base here, with many long-term
and valued relationships, which we support via a broad range of
sophisticated solutions. This strong showing in the latest
Global Investor survey underlines our commitment to high
quality service and innovation, and to adding value to our clients'
businesses as they look to achieve their strategic goals."
"Recognition in these key APAC categories is testament to our
commitment to excellence when it comes to supporting our clients in
the region," said Michael Chan, head
of Asia-Pacific, Asset Servicing
at BNY Mellon. "Service excellence has long been the bedrock of our
business in Asia-Pacific, and it
is gratifying to see that recognised in this prestigious survey. We
remain invested in our clients' success and will continue to focus
on expanding our capabilities to support their current and emerging
needs in line with market developments in the region."
Survey respondents were asked to rate custodians over 18 service
categories. Respondents identifying themselves as a 'mutual fund
manager' or 'institutional fund manager' accounted for 43% of
submissions. Banks/broker-dealers and pension funds accounted for a
further 23% of responses.
Notes to editors:
BNY Mellon is a global investments company dedicated to helping
its clients manage and service their financial assets throughout
the investment lifecycle. Whether providing financial services for
institutions, corporations or individual investors, BNY Mellon
delivers informed investment management and investment services in
35 countries and more than 100 markets. As of March 31, 2015, BNY Mellon had $28.5 trillion in assets under custody and/or
administration and $1.7 trillion in
assets under management. BNY Mellon can act as a single point of
contact for clients looking to create, trade, hold, manage,
service, distribute or restructure investments. BNY Mellon is the
corporate brand of The Bank of New York Mellon Corporation (NYSE:
BK). Additional information is available on www.bnymellon.com or
follow us on Twitter @BNYMellon.
Contact: Tim Steele
+44 20 7163 5850
tim.steele@bnymellon.com
This press release is issued by The Bank of New York Mellon to
members of the financial press and media.
All information and figures source BNY Mellon unless otherwise
stated as at March 31,
2015.
The Bank of New York Mellon, London Branch, registered in England and Wales with FC005522 and BR000818.
Branch office: One Canada Square,
London E14 5AL. The Bank of New
York Mellon is supervised and regulated by the New York State Department of Financial
Services and the Federal Reserve and authorised by the Prudential
Regulation Authority.
The Bank of New York Mellon London branch is subject to regulation
by the Financial Conduct Authority and limited regulation by the
Prudential Regulation Authority.
Details about the extent of our regulation by the Prudential
Regulation Authority are available from us on request.
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SOURCE BNY Mellon