BNY Mellon acquisitions "important" for Asia business

Nov 3, 2009

The purchases of London-based Insight Investments and 20% of New York-based Siguler Guff push BNY Mellon Asset Management's AUM over $1 trillion.

BNY Mellon Asset Management's says its two recent acquisitions -- a 20% stake in New York-based multi-strategy private equity firm Siguler Guff & Company and 100% of London-based Insight Investments -- are "strategically important" for its Asia business.

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