Other BNY Mellon Units to Get Direct Indexing Too The Pershing clearing and custody services business of BNY Mellon is acquiring Optimal Asset Management, a direct indexing solutions provider, and will offer Optimal’s capabilities to advisory clients within Pershing, and to institutional and retail clients within BNY Mellon’s Investment Management business. If the acquisition… Read More >>
MSCI Names Head of ETF Coverage for Australia
MSCI, a vendor of investment decision support tools, has hired Tim Bradbury as vice president of exchange traded fund (ETF) coverage in Australia, officials say. In his new role, Bradbury will be responsible for “driving visibility, awareness and usage of the MSCI indexes within the fast growing ETF market in Australia, with a special focus… Read More >>
CME Group Overhauls Leadership Structure
CME Group, the Chicago-based derivatives marketplace created from a merger of the Chicago Mercantile Exchange and the Chicago Board of Trade, has announced what it characterizes as a “new leadership structure” intended to “better meet the needs of its global customer base,” according to a CME statement. The new structure will see the former… Read More >>
