Mandate Watch: BNY Mellon leads the pack

Mandates trend to alternatives

BNY Mellon picked up an array of mandates over the past few months, including the appointment to provide global custody and fund administration for a new fund of hedge funds (FoHF) strategy launched by van Biema Value Partners and a mandate from SEB Investment Management to provide fund administration services for more than 150 funds valued at €40 billion and domiciled across Sweden, Luxembourg and Finland – including SEB’s FOHFs and private equity funds. BNY Mellon will also be providing