BNY Offers New Alts. Services For Institutional Investors

Mar 24 2008 | 12:39pm ET

The Bank of New York Mellon has unveiled a new suite of alternative investment administration services for plan sponsors and non-profit organizations.

The new services include data administration, reconciliation, document management, performance measurement and integrated reporting and analysis.

“With growing allocations to private equity, hedge funds, and other limited partnerships, along with greater regulatory scrutiny, these new capabilities will ease the burden on investors dealing with this labor-intensive asset class,” Eve Kingsley, first vice president and product manager for BNY Mellon, said.


In Depth

Q&A: Star Mountain's Brett Hickey On Investing In 'The Growth Engine Of America'

Sep 22 2017 | 5:06pm ET

Lower middle-market companies form the economic fabric of the nation, but they can...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

 

From the current issue of