2010 Press Releases
February 3, 2010 - BNY Mellon Asset Management Launches Investment Strategy to Manage Inflation Risk
BNY Mellon Asset Management has launched the Real Asset Strategy, an institutional investment strategy designed for periods of rising inflation that aims to achieve long-term returns of five percent above the Consumer Price Index in the U.S.
February 3, 2010 - Funding Status of U.S. Pensions Declines to 83.7 Percent in January, According to BNY Mellon Asset Management
Sliding stock markets and rising liabilities combined to reduce the funded status of the typical U.S. corporate pension plan in January by 1.8 percentage points to 83.7 percent.
February 1, 2010 - China Securities Regulatory Commission awards QFII license to BNY Mellon Asset Management
BNY Mellon Asset Management has announced that the application for a Qualified Foreign Institutional Investor (QFII) license by BNY Mellon Asset Management International Limited has been successfully approved by the China Securities Regulatory Commission (CSRC).
January 27, 2010 - Two Dreyfus Funds Earn Top Morningstar Ratings and Receive Lipper Accolades
Two Dreyfus funds sub-advised by Walter Scott & Partners Limited achieved the highest 5-Star Overall Rating from Morningstar for the three-year period ended 12/31/09
January 27, 2010 - BNY Mellon Asset Management Selected by Taiwan Bureau of Labor Insurance to Manage US$200 Million in Global Fixed Income
Standish Mellon Asset Management Company LLC ("Standish") has been named to manage a US$200 million global fixed income mandate by Taiwan's Bureau of Labor Insurance.
January 12, 2010 - URDANG Fund and Moore & Associates Acquire Silver Spring Office Complex
An investment fund managed by URDANG has acquired the 500,000 square-foot Station Square office complex in Silver Spring, Maryland, in a joint venture with developer Moore & Associates.
January 6, 2010 - Funding Status of U.S. Pensions Tops 85 Percent at End of 2009, According to BNY Mellon Asset Management
Propelled by rising stocks and an increase in the yields of long Aa corporate bonds, the funded status of the typical U.S. corporate pension plan in December increased 3.0 percentage points to 85.5 percent.