News & Press Releases - 2014
CIBC Mellon earns $1.1 Billion Mandate Expansion from Horizons ETFs
CIBC Mellon announced today that Horizons ETFs Management (Canada) Inc. (Horizons ETFs) has selected CIBC Mellon to provide fund administration, custody and exchange-traded fund (ETF) services for the Horizons family of 38 leverage and inverse ETFs. This CAD$1.1 billion mandate expands on the asset servicing solutions CIBC Mellon already provides for the Horizons ETFs family of actively-managed ETFs. With the addition of these 38 ETFs, CIBC Mellon now services all of Horizons' Canadian ETF business.
CIBC Mellon Named Best Single Major Market Subcustodian in the Americas by Global Custodian Magazine
CIBC Mellon has been named the top subcustodian operating in a major market in the Americas by Global Custodian magazine. The "Single Market Sub-Custody in the Americas: Major Markets" award was one of 25 global awards presented in London on March 13, 2014 in honour of Global Custodian magazine’s 25th anniversary, and recognizes CIBC Mellon’s consistent and excellent performance on client surveys administered by Global Custodian.
CIBC Mellon Appointed Custodial Trustee by General Electric Canada Pension Funds
CIBC Mellon today announced that General Electric (GE) Canada has selected CIBC Mellon to provide custody, fund accounting and benefit payment services for GE Canada's trusteed pension funds. GE will also receive online delivery of investment information through the Workbench platform and integrated access to BNY Mellon Global Risk Solutions investment analysis products.
CIBC Mellon again named one of the Achievers 50 Most Engaged Workplaces™ in Canada
CIBC Mellon and its employees were recognized for their commitment to clients, colleagues and communities as the company was named among the Achievers 50 Most Engaged Workplaces™ in Canada for the second year in a row. The Achievers award recognizes top employers that display leadership and innovation in building employee engagement and great workplaces.