Email Contact Phone Company Visit Website

Location Head Office

160 Queen Victoria Street


0207 1633456


mark mh higgins
[email protected]
Back to all BNY Mellon announcements

BNY Mellon Retains Top Spot as Biggest Fund of Hedge Funds Administrator

World's third largest alternative investment servicer overall, with assets under administration now topping $600 billion

BNY Mellon, the global leader in investment management and investment services, has again been recognized as the world's largest fund of hedge funds (FoHF) administrator in HFMWeek's bi-annual assets under administration survey.

BNY Mellon saw its FoHF assets under administration (AUA) rise to $133.4 billion for the six months ending April 2013, up two percent from the prior period and in line with overall growth for the 63 fund administration firms surveyed. Total AUA for the fund of hedge funds industry now stands at $1.085 trillion, according to HFMWeek.

"Funds of hedge funds are seeing the way forward and adjusting their business model to gather new assets," said Marina Lewin, global head of sales for BNY Mellon's alternative investment services business. "Our recent survey of major FoHF players shows how they're adapting to market changes and creating growth opportunities, whether through separate accounts for institutional investors, advisory services, or exploring regulated funds. We'll continue to help guide them through the hurdles."