BOSTON, May 10, 2011 — BNY Mellon Asset Management has named Rumi Masih as a senior investment strategist in the Investment Strategy & Solutions Group. Masih, who reports to Jeff Saef, managing director and head of the Investment Strategy & Solutions Group, will utilize the firm's proprietary research and analytics to help clients frame their asset allocation, risk management and portfolio construction decisions.
By drawing on BNY Mellon Asset Management's global network of investment boutiques, the Investment Strategy & Solutions Group seeks to deliver solutions to meet the specific needs of corporate and public retirement plans, endowments and foundations, sovereign wealth funds, financial institutions and intermediaries.
"The investment landscape has become more complex and uncertain, and our clients are increasingly seeking a trusted advisor who can help them think through their most difficult investment challenges," said Saef. "Rumi Masih has proven to be highly effective at understanding client concerns and needs. His strong global capital markets skills, combined with a skillful blend of investment theory and practice, position him as an great resource for our clients. We are excited to have Rumi join the team."
Masih, who will be based in New York City, joins BNY Mellon Asset Management from JP Morgan Asset Management, where he was a managing director and global head of the Strategic Investment Advisory Group. He was responsible for developing thought leadership and investment policy, asset allocation research, custom solutions, and risk management product solutions for institutional clients. Masih also had experience at Goldman Sachs Asset Management, where he was a vice president and senior strategist in the Global Investment Strategies division. He was awarded a PhD in econometrics from the University of Cambridge and has published more than 60 articles in the fields of macroeconomics, development economics, and empirical finance.
BNY Mellon Asset Management is the umbrella organization for BNY Mellon's affiliated investment management firms and global distribution companies. Investment Strategy and Solutions Group ("ISSG") is part of The Bank of New York Mellon ("Bank"). ISSG offers products and services through the Bank, including investment strategies that are developed by affiliated BNY Mellon Asset Management investment advisory firms and managed by officers of such affiliated firms acting in their capacities as dual officers of the Bank.
BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team. It has $25.5 trillion in assets under custody and administration and $1.2 trillion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.7 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Additional information is available at www.bnymellon.com.
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