Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,417.53 -0.15 -0.00%
TOPIX 1,166.59 0.04 0.00%
HANG SENG 22,760.24 64.23 0.28%

BNY Mellon appoints Mark Speciale as Asia-Pacific Head of Institutional Distribution



   BNY Mellon appoints Mark Speciale as Asia-Pacific Head of Institutional
                                 Distribution

Company continues to move forward to become one of the premier investment
management firms in Asia-Pacific

PR Newswire

HONG KONG, July 4, 2013

HONG KONG, July 4, 2013 /PRNewswire/ -- BNY Mellon, the global leader in
investment management and investment services, has appointed Mark Speciale as
Asia-Pacific (APAC) Head of Institutional Distribution within its investment
management business.

In this new role, Speciale is responsible for developing and managing the
build out of the company's APAC institutional sales strategy, client
relationship management and consultant engagement, as BNY Mellon continues to
develop client-focused strategies and solutions to meet the changing needs of
institutional investors in the region. His focus is on strengthening existing
and building new partnerships with institutional investors including sovereign
wealth funds, pension funds, and insurance companies.

Based in Singapore, Speciale reports into Alan Harden, Chief Executive Officer
for BNY Mellon's APAC investment management business, and to PeterPaul Pardi,
BNY Mellon's Head of Global Distribution for investment management, based in
London. Speciale joins BNY Mellon's APAC Investment Management Executive
Committee and BNY Mellon's APAC Operating Committee.

"Mark has an outstanding reputation and an acute awareness of the needs and
issues facing Asian institutional investors, having worked with some of the
largest and most sophisticated institutions in the region for many years,"
said BNY Mellon's Pardi. "His experience and counsel will be invaluable to the
clients we serve, and to the firm as a whole, as we continue to build out a
world-class investment management business focused on the needs of Asian
investors."

Explaining why BNY Mellon has created this new role, Harden stated that to be
regarded as one of the premier investment management firms in APAC, it is
critical that BNY Mellon excels in institutional solutions, relationships and
client service. 

"Asian institutional investors are increasingly looking to investment managers
to prove that they truly have a deep understanding of their needs, and provide
real solutions to their problems," observed Harden. "The winners in the region
are going to be those who are closest to their clients and are focused on
solutions, rather than just pushing products. This is why we view this new
head of institutional distribution position as essential to our success."

Harden continued: "We have a significant and successful institutional business
in Asia, which is testament to the quality of the relationships we have built
with key clients, and the investment strategies that our multi-boutique model
can offer. Mark's role will be to elevate this to the next level through
engaging in meaningful conversations with Asian institutional investors and
collaborating with our local teams and investment boutiques around the world
to ensure we are developing and delivering bespoke solutions which meet their
evolving needs."

Speciale's financial services career spans over 25 years, principally in
business development and client service in investment management and capital
markets, and he joins BNY Mellon from Capital International where he was most
recently Senior Vice President, Head of Sales and Client Service, Asia-Pacific
ex Japan, based in Singapore. His career started in the United States and
after 11 years at various firms, he moved to Singapore in 1997 with Fischer
Francis Trees & Watts to lead their business development efforts in Asia
ex-Japan, before moving to Capital International in 2000.

BNY Mellon Investment Management is one of the world's leading investment
management organizations and one of the top U.S. wealth managers, with $1.4
trillion in assets under management as at 31 March 2013. It encompasses BNY
Mellon's affiliated investment management firms, wealth management services
and global distribution companies. More information can be found at
www.bnymellon.com

BNY Mellon is a global investments company dedicated to helping its clients
manage and service their financial assets throughout the investment lifecycle.
Whether providing financial services for institutions, corporations or
individual investors, BNY Mellon delivers informed investment management and
investment services in 36 countries and more than 100 markets. As of March 31,
2013, BNY Mellon had $26.3 trillion in assets under custody and/or
administration, and $1.4 trillion in assets under management. BNY Mellon can
act as a single point of contact for clients looking to create, trade, hold,
manage, service, distribute or restructure investments. BNY Mellon is the
corporate brand of The Bank of New York Mellon Corporation (NYSE:
BK). Additional information is available on www.bnymellon.com, or follow us on
Twitter @BNYMellon

This press release is qualified for issuance in Hong Kong and is for
information purposes only. It does not constitute an offer or solicitation of
securities or investment services or an endorsement thereof in any
jurisdiction or in any circumstance in which such offer or solicitation is
unlawful or not authorised. Principal place of business of BNY Mellon Asset
Management Hong Kong Limited: Level 18, Three Pacific Place, 1 Queen's Road
East, Hong Kong. Authorised and regulated by the Securities and Futures
Commission. A BNY Mellon Company^SM

SOURCE BNY Mellon

Website: http://www.bnymellon.com
Contact: Louisa Bartoszek (BNY Mellon), +44 20 7163 2826,
louisa.bartoszek@bnymellon.com; Christine Wood (FTI), +852 3768 4557,
christine.wood@fticonsulting.com
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement