BNY Mellon Investment Management Offloads Business

Josh O'Neill

21 September 2017

, this transaction meets our strategy of streamlining our portfolio to provide a focused set of specialist investment solutions for clients via our global distribution network,” said Mitchell Harris, chief executive of BNY Mellon Investment Management. “We will continue to offer real asset investment solutions through our other investment boutiques."

The deal is subject to regulatory and other approvals and is expected to close by the end of this year.