Tuesday, 31 March 2015
Last updated 15 hours ago
Apr 24 2008 | 10:09am ET
BNY Mellon Asset Management has launched the BNY Mellon Enhanced Coefficient Select Fund, a global macro hedge fund, aimed at institutional investors.
The fund takes long and short positions across developed equity markets, sovereign fixed income, high yield and developed and emerging currencies, employing a variety of models with both shorter- and longer-term holding periods.
The fund is managed by Coefficient Global, a division of Standish Mellon Asset Management. Standish Mellon is one of BNY Mellon's asset managers focused on fixed income and absolute return strategies.
“Even though we focus mainly on liquid assets and markets, our systematic process can identify mispricings, based on other investors' biases, that enable us to structure profitable investment strategies for the fund,” said Lex Huberts, chief investment officer of Coefficient Global.
Standish Mellon was founded in 1933 and managed some US$170 billion in assets at the end of last year.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…