BNY Mellon scoops award for Best Overall Administrator over $30bn AUA at the HFMWeek European Hedge Fund Services Awards 2010

BK
Apr 1, 2010

LONDON, April 1, 2010 — BNY Mellon, the global leader in asset management and securities servicing, has been awarded best administrator over $30bn Assets Under Administration at the HFMWeek European Hedge Fund Services Awards 2010.

HFMWeek stated that in awarding BNY Mellon the award the judges had commented upon the, "Innovative banking solutions, particularly around key issues such as counterparty risk, which have continued to attract clients to BNY Mellon. The bank's ability to provide services to complex structures invested in distressed assets has stood it in good stead."

Brian Ruane, CEO, Alternative Investment Services said, "Winning this award highlights recent success in growing our financial advisory and investment management clients. BNY Mellon continues to work hard to ensure that we are offering our clients the best possible services for their individual needs."

HFMWeek is an international publication serving the hedge fund community, read by over 5,500 alternative fund managers — predominantly CFOs and managing partners — and their key advisors across the globe.

BNY Mellon Alternative Investment Services, a leading administrator of alternative assets including single manager hedge funds, funds of hedge funds and private equity, has over $259 billion of assets under administration and an extensive global presence, including locations in Bermuda, the Cayman Islands, Guernsey, Hong Kong, Ireland, Japan, Luxembourg, Singapore and the United Kingdom, as well as U.S. offices in 5 states. In addition to alternative asset administration, BNY Mellon offers a wide range of cash management, foreign exchange, collateral management, trust, operational outsourcing and custody services to the alternative investment industry.

Notes to editors
BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $22.3 trillion in assets under custody and administration, $1.1 trillion in assets under management, services $12 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. Additional information is available at www.bnymellon.com.


This press release is issued by The Bank of New York Mellon to members of the financial press and media. All information and figures source The Bank of New York Mellon as at 30 December 2009 unless otherwise stated. The Bank of New York Mellon, London Branch, registered in England and Wales with FC005522 and BR000818 Branch office: One Canada Square, London E14 5AL
Authorised and regulated in the UK by the Financial Services Authority.