BNY Mellon subsidiary to pay US$1.5m over ESG misstatementsBY CASSANDRA BALDINI | TUESDAY, 24 MAY 2022 12:27PMBNY Mellon Investment Adviser will pay US$1.5 million to settle charges brought by the Securities and Exchange Commission (SEC) for misstatements and omissions about ESG considerations in making investment decisions for certain mutual funds that it managed. Related News |
Editor's Choice
Moonfare launches in Australia
Global private equity platform Moonfare, with $5.5 billion (€3.3bn) in assets under management, has established footprints in Australia to target wholesale investors.
Insignia exec appointed local chief of MUFG Retirement Solutions
A former Insignia Financial exec has taken on a leadership role at MUFG Retirement Solutions.
AMP launching 'market first' digital advice solution for super members
AMP is rolling out a new digital advice solution, in partnership with Bravura, providing its super fund members with retirement guidance.
Partners Group staffer quits to join NYC firm
Marcus Clitheroe is the first local hire for the multi-strategy private markets investment firm Siguler Guff.
Products
Featured Profile

Raelene Seales
CHIEF EXECUTIVE OFFICER
PRIME SUPER
PRIME SUPER
Prime Super's Raelene Seales' immersions in cultures of innovation and creativity have equipped her to breathe new life into the fund, to the benefit of its broad church of members. Andrew McKean writes.