Mandate Watch: winter 2011

Year ends with new wins and relationships extended

adviser

A flurry of mandates towards the end of the year were signed as securities services gained business and renewed long-term relationships. In a growing trend, BNY Mellon was selected by US-based Bridgewater Associates to provide middle and back office outsourcing services for approximately $125 billion of assets. BNY Mellon will support Bridgewater’s strategy of delivering diversified alpha and beta strategies for clients via its outsourcing platform BNY Mellon OnCore Services. This will

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