BNY Mellon, a global leader in investment management and investment services, was named Best Hedge Fund Administrator— over $300B Single Manager by HFM at the 2018 U.S. Hedge Fund Services Awards last week.
The annual HFM U.S. Hedge Fund Services Awards recognize leading hedge fund service providers for customer service, product innovation and exceptional growth. The award for “Best administrator— over $300bn single manager” honors the firm which has best demonstrated excellence in delivering business/client growth, innovation and client servicing over the past year. A panel of independent judges assessed entrants based on commercial success and business growth, sales/market share figures, product innovation, potential future business development and client feedback.
“The hedge fund industry continues to evolve rapidly. Large funds face an increasing complex array of business and client demands, while also trying to differentiate themselves in a highly competitive landscape,” says Chandresh Iyer, CEO of BNY Mellon Alternative Investment Services and Structured Products. “HFM’s recognition of us as a leader within the industry underscores our commitment to continually developing innovative solutions and collaborating with our clients to help them to achieve success in a demanding industry environment.”
BNY Mellon provides an integrated hedge fund services solutions designed to fully manage the administrative requirements of both onshore and offshore hedge funds. The suite of services streamlines hedge fund operations, minimizes administrative costs and helps clients to focus on their investment strategy; allowing clients service their financial assets throughout the entire investment lifecycle.
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries. As of June 30, 2018, BNY Mellon had $33.6 trillion in assets under custody and/or administration, and $1.8 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.