Van Berkom and Associates has launched its new Global Small Cap Strategy, a pooled fund. Founded in 1991, Van Berkom is a small cap specialist investment firm held 100pct by its employees. Van Berkom manages Canadian, U.S, Greater China and global strategies. As of June 30, 2022, Van Berkom and its Hong Kong affiliate had…
Category: BNY Mellon
Teschner to retire from BNY Mellon
Charles Teschner, co-CEO of BNY Mellon’s data & platform solutions business, is to retire at the end of October. Teschner, who joined in 2019 from BCG, was instrumental in advancing the bank’s data strategy and implementation. Mark McKeon, his co-CEO, will continue in that role. In a statement, BNY Mellon said: “BNY Mellon thanks Charles…
BNY Mellon adds ESG ratings to sec lending program
BNY Mellon has launched enhancements to its securities finance platform to help clients analyse their agency securities lending program alongside their sustainability goals. Delivered through an interactive dashboard, clients can apply ESG scores based on third-party data across their lendable portfolio, collateral and cash investments to help them evaluate alignment with their individual ESG goals.…
BNY Mellon appoints Australia country executive
BNY Mellon has appointed Geoff Hodge as Australia country executive. He will continue to oversee global strategy as the head of Milestone Group, the Sydney-headquartered fund management fintech that he co-founded in 1998, which was acquired by BNY Mellon in 2021. He will take a seat on the BNY Mellon Asia Pacific Leadership Council. Alexis…
Aviva outsources to BNY Mellon
Aviva Investors, the global asset management business of Aviva plc, has appointed BNY Mellon to provide a fully integrated operating model for certain front-office support services, as well as middle- and back-office activities. BNY Mellon will provide a comprehensive solution which encompasses asset services including custody, fund administration and depositary, as well as more advanced…
BNY Mellon hires network management veteran
Paul Hedges has joined BNY Mellon in London as lead specialist, global network management. He was a founding member of The Securities Services Advisory Group, and has previously worked at several major custody banks, including HSBC, J.P. Morgan and RBC.
BNY Mellon invests in AccessFintech
AccessFintech, a fintech company specialising in data and workflow collaboration, has completed its USD60m Series C funding round, led by WestCap, its lead investor. Additional investment was secured from BNY Mellon and Bank of America, with further participation from Series B investors Dawn Capital, J.P. Morgan, Goldman Sachs and Citi. The company’s latest funding round…
J.P. Morgan promotes Michelle Butler
Following the appointment of Dennis Burgers as co-head of EMEA sales for J.P. Morgan’s investor services business, Michelle Butler has been confirmed as the other co-head. Butler was previously head of sales for UK & Ireland, having joined from HSBC at the beginning of 2022. This follows the recent hiring of BNY Mellon’s Ileana Sodani…
CIBC Mellon wins cancer fund mandate
CIBC Mellon has been chosen to provide asset servicing solutions, including custody, institutional accounting, unitisation services, FX processing and settlement services, and investment information data access via the NEXEN platform, to the Princess Margaret Cancer Foundation (PMCF). The PMCF raises funds that accelerate cancer research, education and clinical care, in support of patients at Princess…
FundGuard adds to sales team
FundGuard, the provider of an investment management and asset servicing platform, has hired Greg Farrington. He will be responsible for accelerating the company’s revenue growth through expansion of new and existing channels. Prior to joining FundGuard, Farrington worked as a commercial strategy lead and a global head of sales in S&P Global’s software solutions business.…