NOVEMBER 22, 2019
Hong Kong, Nov. 22, 2019 — BNY Mellon has won the Best Administrator – Client Service award at the HFM Asia Services Awards 2019. The awards recognize and reward hedge fund service providers that demonstrated exceptional client service and innovative product development over the past 12 months.
“We are honored to be again recognized for our world-leading client servicing,” said Mark Nelligan, Managing Director and Head of Alternative Investment Services, Asia Pacific, BNY Mellon. “Hedge funds today need a strong administrator as they face growing risk, a heavy regulatory reporting burden and the need to use technology to deliver insights from data. We support our clients’ strategic and day-to-day needs with services that integrate advanced technology and alternatives expertise at a global scale, to allow them to focus on what they do best: raising capital and generating returns.”
BNY Mellon is not a newcomer to the HFM Asia Services Awards. It was also a winner in January this year when it took home the award for Best Administrator – Overall and Best Administrator – Over US$30 Billion Single Manager.
BNY Mellon is one of the largest third-party administrators globally, offering full-service solutions for hedge funds, funds of hedge funds, and derivatives. It supports more than 380 hedge funds globally, with over US$1 trillion of alternative assets under administration (AUA).