Bank of New York Mellon Corporation
BNY Mellon is an American banking and financial services holding company, headquartered in New York City. BNY Mellon operates in 35 countries in the Americas, Europe, the Middle East and Africa, and Asia-Pacific. BNY Mellon has $34.5 trn in assets under custody and/or administration, and $1.8 trn in assets under management (Sept.2018).
Services include asset servicing, asset management, private equity and hedge fund administration, broker-dealer services, depositary receipts, corporate trust and treasury services. Products and services in the UK are delivered primarily through a branch of The Bank of New York Mellon Corporation and a UK-registered bank, The Bank of New York Mellon (International) Ltd. The company's first UK office opened in London in 1967; it now has 10 offices throughout the country.
Tax Policy: BNY Mellon has 177 subsidiaries in tax havens.ref
Mellon Investments Corporation
It encompasses BNY Mellon's affiliated investment management firms, wealth management services and global distribution companies. BNY Mellon offers a multi-boutique model, to connect investors in 35 countries with opportunities across every major asset class.ref,ref
- Alcentra Ltd: Global sub-investment grade debt asset management. Website
- ARX: offers access to the expanding investment opportunities in the rapidly growing Brazilian marketplace. Long/short; macro; corporate bonds and fixed income strategies. Website
- Dreyfus Cash Investment Strategies: a division of the Dreyfus Corporation, provides institutional investors and intermediaries access to a broad array of domestic and offshore money market funds and cash investment solutions. Website
- Insight Investment Management Ltd: Global fixed income, risk management solutions and absolute return investing.ref Website, History
- Newton Investment Management Ltd: Active manager of equity, bond, multi-asset, absolute-return, income and sustainable solutions within a global thematic framework. ref (UK firm)
- Siguler Suff: Multi-strategy private equity investing; direct investment and multi-manager funds.info, Website BNY Mellon has (had?) a 20% stake in the firm.
- Walter Scott & Partners Ltd: Global equity investment management. Acquired by Mellon in May.2006. Website Regno.93685. See also Walter Scott (investment manager) § Walter Scott and Partners.
- The Boston Company: A broad range of research-driven global active equity strategies. A BNY Mellon brand.ref, https://www.thebostoncompany.com/,
- Standish: Fundamental active fixed income and credit capabilities.ref Website
- Mellon Capital: Fundamentals-based systematic investing; index and multi-asset & multi-factor solutions. ref.
Company
- 9.88% Berkshire Hathaway Inc
- 6.88% Vanguard Group Inc
- 5.15% Dodge & Cox
- 5.03% Capital Research & Management Company
- 4.18% SSgA Funds Management Inc
- 3.20% Massachusetts Financial Services Co.
- 3.05% Putnam Investments LLC
- 2.94% Longview Partners LLP
- 2.46% Capital Research & Management Company (International)
- 2.29% BlackRock Fund Advisors
Structure
Bank of New York Mellon Corporation, OC, reg. Delaware.
... ...
- BNY Mellon Investment Management (Jersey) Ltd, OC, reg. Jersey.
- BNY Mellon Investment Management (Europe) Ltd, holdco, CH
- BNY Mellon Investment Management Cayman Ltd, fund administraton, ref, ref, reg. Cayman Islands.
- BNY Mellon Investment Management Europe Holdings Ltd, holdco, CH
- BNY Mellon International Asset Management Group Ltd, holdco for UK operations, CH
- ARX Investimentos Ltda, investment management, reg. Brazil
- BNY Mellon AM Latin America SA, investment management, reg. Chile
- BNY Mellon International Asset Management (Holdings) Ltd, holdco, [CH]
- BNY Mellon Investment Management EMEA Ltd, investment management, [CH]
- BNY Mellon Fund Managers (Luxembourg) SA, (see Note 1), ref, reg. Luxembourg.
- 98%: Insight Investment Management Ltd, holdco, [CH]
- Newton Management Ltd, holdco + admin and management services, CH
- Standard Life Wealth International Ltd, OC, reg. Jersey.
- Standard Life Wealth (CI) Ltd, OC, reg. Jersey.
- Newton Investment Management Ltd, investment management, CH
- Newton Investment Management (North America) Ltd, investment management, CH
- Newton Investment Management (North America) LLC, USA investment sales and marketing, ref, reg.Delaware.
- Standard Life Wealth International Ltd, OC, reg. Jersey.
- Mellon Europe Pension (Nominees) Ltd, non-trading, [CH]
- Standish Mellon Asset Management (UK) Ltd, investment management, [CH]
- Mellon JV Ltd, holdco, CH
- BNY Investment Managehold Holdings (Germany) Ltd, holdco, [CH]
- BNY Mellon International Asset Management Group Ltd, holdco for UK operations, CH
- MBC Investments Corporation, OC, reg. Delaware.
Note 1. Jun.2018: BNY Mellon Investment Management Europe Holdings Ltd (BNYM-IMEH) purchased the shares of BNY Mellon Fund Managers (Luxembourg) SA from BNY Mellon Investment Management Holdings (Germany) Ltd. BNYM-IMEH then did a share-swap with BNY Mellon International Asset Management Group Ltd.Dec.2017, p.6, Dec.2017, p.23