BNY Mellon Investment Management (BNY Mellon IM) is the

investment management Investment management is the professional asset management of various securities, including shareholdings, bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors. Investors may be institut ...

division of

BNY Mellon The Bank of New York Mellon Corporation, commonly known as BNY Mellon, is an American investment banking services holding company headquartered in New York City. BNY Mellon was formed from the merger of The Bank of New York and the Mellon Finan ...

. It is one of the largest

asset managers Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings ...

in the world with $2.4 trillion in assets under management as of December 31, 2021. BNY IM uses seven different specialized investment managers, each with its own strategy and expertise to manage investments.

History

In July 2007, BNY Mellon was created from the merger of the Bank of New York and Mellon Financial. The current entity, BNY Mellon Investment Management acts as the investment arm of BNY Mellon. In 2020, the Investment Management division contributed around 26% to BNY Mellon's fee revenue. The investment firm Alcentra was part of the Bank of New York while Dreyfus,

Newton Newton most commonly refers to: * Isaac Newton (1642–1726/1727), English scientist * Newton (unit), SI unit of force named after Isaac Newton Newton may also refer to: Arts and entertainment * ''Newton'' (film), a 2017 Indian film * Newton ( ...

and

Walter Scott Sir Walter Scott, 1st Baronet (15 August 1771 – 21 September 1832), was a Scottish novelist, poet, playwright and historian. Many of his works remain classics of European and Scottish literature, notably the novels ''Ivanhoe'', ''Rob Roy (n ...

were part of Mellon Financial. In 2007, BNY Mellon acquired

Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...

ian asset management firm, ARX Capital Management. In 2009, BNY Mellon acquired

Insight Investment Insight Investment (Insight) is one of the largest global asset management companies, responsible for £683.0 billion of assets under management as of 30 September 2022, represented by the value of cash securities and other economic exposure mana ...

from Lloyds Banking Group for £235m. In the same year BNY Mellon acquired a 20% stake in Siguler Guff. In 2018, BNY Mellon IM merged three of its investment firms (Mellon Capital Management, Standish Mellon Asset Management and The Boston Company Asset Management) to form a new unit called Mellon Investments. In 2019, BNY Mellon IM rebranded some of its fund range dropping the Newton, Insight brands and Dreyfus brand names from funds. In 2020, BNY Mellon IM launched BNY Mellon Investor Solutions, an investment outsourcing services platform . On May 31, 2022 it was announced that BNY Mellon IM would sell Alcentra to Franklin Templeton Investments and the transaction was completed on 1 November 2022.

Business overview

Investors of BNY Mellon Investment Management include

pension fund A pension fund, also known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income. Pension funds typically have large amounts of money to invest and are the major investors in listed and priva ...

s, public funds, endowments and foundations. BNY Mellon Investment Management manages investments through seven different investment managers. They are * ARX (

ian investments) * Dreyfus (

Money Market Funds A money market fund (also called a money market mutual fund) is an open-ended mutual fund that invests in short-term debt securities such as US Treasury bills and commercial paper. Money market funds are managed with the goal of maintaining a hi ...

and Offshore Liquidity Funds) *

(

Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a Continent#Subcontinents, subcontinent of Eurasia ...

an investments) * Mellon Investments (Global investments) * Newton Investment Management (

London London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...

-based global investment house) * Siguler Guff (Multi-strategy

private equity In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a ty ...

) *

(Global equities management) In addition, BNY Mellon Investor Solutions provides investment outsourcing solutions. BNY Mellon Investment Management is headquartered in New York with multiple offices across Europe and

Asia-Pacific Asia-Pacific (APAC) is the part of the world near the western Pacific Ocean. The Asia-Pacific region varies in area depending on context, but it generally includes East Asia, Russian Far East, South Asia, Southeast Asia, Australia and Pacific Isla ...

References

External links

Company home page
{{Authority control BNY Mellon Investment management companies of the United States Companies based in Manhattan