The US asset management and servicing group also expects to add up to four more fund houses to its new separately managed accounts platform in the next three months.
The firm is expanding its separately managed accounts business to Singapore and is targeting both private banks and asset managers. It names Chris Faddy to lead the project.
BNY appoints Credit Suisse executive, Eastspring taps retail sales head, PineBridge hires former BNY Mellon CEO, BNP names distribution head, Barclays poaches two from Nomura.
The US firm is about to launch what it says is a first-of-its-kind separately managed accounts offering in Asia, and aims to partner with private banks.