BNY Investments is the investment management division of BNY. It is one of the largest asset managers in the world.[2]
BNY Investments operates a multi-boutique model where individual investment managers operate largely autonomously under it.
Background
BNY Investments traces its origins to BNY Asset Management and Mellon Asset management which were the asset management divisions of Bank of New York and Mellon Financial respectively.[3][4]
In July 2007, BNY Mellon was created from the merger of the Bank of New York and Mellon Financial and BNY Mellon Investment Management (BNY Mellon IM) was created as a result of merging BNY Asset Management and Mellon Asset management.