HONG KONG, 2 February 2012 — BNY Mellon, the global leader in investment management and investment servicing, has received top industry recognition in Asia Asset Management magazine's 2011 'Best of the Best' Awards, winning the award for Best Securities Financing House.
This year's Asia Asset Management awards applauded the top performing funds, investment management groups and asset servicing providers that consistently outperformed in a challenging economic environment.
"Our clients rely on us to develop solutions which ensure they are successful," said Steve Lackey, Asia-Pacific Chairman, BNY Mellon. "We have continued to invest in the offering of collateral management services in Asia focused on the timing, transparency and accuracy of settlements, which leads to greater confidence and reduced risk in the Asian market overall. Combined with the global reach of our lending capabilities, we possess the flexibility, scale, and breadth of securities financing services that few lending agents can match."
BNY Mellon is one of the premier lending agents and collateral managers in the world, with over US$2.5 trillion available for lending and US$1.8 trillion of collateral under management.
Asia Asset Management magazine is Asia's oldest monthly journal covering the institutional investment management and pension markets.
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 $25.8 trillion in assets under custody and administration and $1.26 trillion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.5 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Additional information is available on www.bnymellon.com or follow us on Twitter@BNYMellon.