The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:BNY Mellon Takes a Strategic Opportunity to Advance a Boutique Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, April 06, 2015

BNY Mellon Takes a Strategic Opportunity to Advance a Boutique

Reported by Neil Anderson, Managing Editor

BNY Mellon's [profile] asset management team is taking advantage of "a strategic opportunity for advancement" for one of its boutiques.

That's how Ralph Studley, director of investment strategy in the New York City-based bank's investment management arm, explains the recent launch of the Dreyfus Global Infrastructure Fund. The fund is subadvised by BNY Mellon boutique CenterSquare Investment Management, which dates back to 1987 and manages about $7.5 billion in public real estate and infrastructure securities and about $1.6 billion in debt and private equity real estate investments through another arm. CenterSquare's Maneesh Chhabria and Joshua Kohn PM the fund.

"It's a natural progression for CenterSquare as a firm," Studley tells MFWire. "They've proven themselves as a player in the global real estate space."

"We expect that there will be tremendous global demand for infrastructure assets over the next few decades," states Todd Briddell, CEO and chief investment officer of CenterSquare. "As in listed real estate, the return and risk characteristics of global infrastructure securities are based on the underlying real assets."

Studley describes a three-part test that the firm applies to evaluating potential new investment products: is it something that a BNY Mellon boutique "can do well," something that BNY Mellon doesn't already have, and "most importantly does it fill an investor demand."

"We're always evaluating opportunities that are good fits for our boutiques," Studley says. "We're very actively working on development of new strategies all the time. We're always trying to make sure that we're on the forefront of development and innovation."

"There will be more this year," Studley adds, while clarifying that there are no more products "coming down the road" immediately from CenterSquare in particular.

Worldwide, BNY Mellon Investment Management works with $1.7 trillion in assets under management, including more than $270 billion in mutual funds "and other cash management vehicles" under its Dreyfus arm. Studley says that BNY Mellon has "the world's largest global network of autonomous institutional boutiques."


Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2021: Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

  1. ETF.com Awards 2020, April 20
  2. The 31st Sub-Advised Funds Forum, Apr 20-21
  3. IDC Virtual Roundtable: Florida - April 2021, April 20
  4. IMEA Marketing Council Roundtable | Engaging Advisors In a Virtual World, April 21
  5. MMI Summit 2021, Apr 21-22
  6. MFDF Director Discussion Series - Open Forum via Zoom (Northeast), April 21
  7. FIASI virtual event - ESG in Fixed Income: Shining a Light on Transparency, Apr 22-23
  8. IDC Virtual Roundtable: Alabama, Georgia, North Carolina, and South Carolina - April 2021, April 22
  9. Nicsa webinar - Diversity Data: What is at stake? Business, Reputation and Talent, April 22
  10. IDC Webinar: The Future of the Workplace - April 2021, April 23
  11. IDC Virtual Roundtable: Arkansas, Louisiana, Mississippi, Oklahoma, Tennessee, and Texas - April 2021, April 27
  12. IMEA In Session - Post-Covid Sales Coverage, April 27
  13. MFDF Case Studies in Fund Oversight — A Virtual Roundtable for Directors, Apr 28-29
  14. IDC Virtual Roundtable: Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, and South Dakota - April 2021, April 29
  15. 44th Annual AIMSE Marketing & Sales Conference, May 2-4
  16. MFDF Director Discussion Series - Open Forum via Zoom (Southeast), May 5
  17. ICI 2021 General Membership Meeting - Day 1, May 6
  18. Emerging Manager Forum USA, May 12-14
  19. ICI 2021 General Membership Meeting - Day 2, May 13
  20. 2021 FINRA Annual Conference, May 18-20
  21. IDC Speaker Series - Abby Joseph Cohen: A Conversation About the State of the Global Markets, May 19
  22. 2nd annual ETFGI Global ETFs Insights Summit - USA, May 19-20
  23. MFDF Director Discussion Series - Open Forum via Zoom, May 19
  24. Irish Funds Online Annual Global Funds Conference 2021, May 19-20
  25. MFDF webinar - Fund Director Compensation: MPI Annual Survey (2021), May 20
  26. ICI 2021 Operations and Technology Conference, May 20

©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use