BNY Mellon Asset Unit Seeks Small Foreign Buys

Ackermann, Matt
February 2009
American Banker;2/11/2009, Vol. 174 Issue 28, p17
Trade Publication
This article discusses BNY Mellon Asset Management's plans to expand as its competitors contract. Jon Little of the Bank of New York Mellon Corp. said that two recent fund unit acquisitions are part of the company's attempt to seek overseas opportunities. Both funds are relatively small but give Mellon a share in international markets. Mellon is also seeking a fund manager in the Asian market.


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