Gloria Zaldivar, Senior Director and Portfolio Management Team Leader, BNY Mellon Wealth Management, explains the value of true partnerships.
Alternative Prime Custody Gives Hedge Funds New Options
With uncertainty and volatility still very much a reality in today's economy, investors and regulators are demanding more transparency than ever before. Hedge funds are particularly challenged by this environment, says Brian Ruane, CEO of BNY Mellon Alternative and Broker-Dealer Services. Ruane discusses the advent of a new solution, Alternative Prime Custody — an advanced fund administration platform from which hedge funds can move, manage and safekeep assets with utmost transparency. It combines elements of custody along with collateral management and specialized liquidity services into a seamless and fully-integrated fund administration solution.