Key BNY Mellon appointment aimed at SMSFs
Major institutional player BNY Mellon has made a key appointment specifically aimed at tapping into the self-managed superannuation funds (SMSFs) segment.
The company confirmed today that it had appointed former Perpetual and Alliance Bernstein staff member Brigette Leckie as vice president, intermediary relationships in Australia.
Announcing the appointment, BNY Mellon Asset Management Australia managing director Bruce Murphy said the new position had been created to support the company's planned expansion into the SMSF arena.
"The SMSF segment is the fastest growing in Australia but, as yet, has not embraced global investing as a way to diversify risk and improve returns," he said.
BNY Mellon Asia-Pacific chief executive Alan Harden said the company was very ambitious and had a long-term goal to become one of the premier investment management firms in the region.
"Australia is a key market in helping us achieve this goal," he said.
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Recommended for you
Australia’s largest super fund, AustralianSuper, has announced multiple additions to its executive leadership team to focus on global growth and innovation.
Super Review rounds up last month’s biggest people moves in the superannuation industry, including a new fund chair and a private markets head.
Investment returns for the Future Fund hit a milestone in September, adding $200 billion in value for the first time ever.
Australia’s largest super funds have deepened private markets exposure, scaled internal investment capability, and balanced liquidity as competition and consolidation intensify.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
225.31 3 y p.a(%)
2
Loftus Peak Global Disruption Fund Hedged
120.73 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
72.47 3 y p.a(%)
4
Paradice Australian Mid Cap A
69.09 3 y p.a(%)
5
Global X Ultra Long Nasdaq 100 Complex ETF
61.94 3 y p.a(%)
