Communiqué de presse
BNY Mellon Asset Servicing Named Custodian by Robert Wood Johnson Foundation
Boston, March 31, 2008 - BNY Mellon Asset Servicing, the global leader in asset servicing, announced that it has been named custodian for $9.5 billion in funds administered by the Robert Wood Johnson Foundation (RWJF). BNY Mellon Asset Servicing will provide global custody, performance and risk analytics, and securities lending services.
“BNY Mellon has a strong presence in the foundation field,” said Peggi Einhorn, RWJF chief financial officer. “That industry knowledge, coupled with their strong technology platform and willingness to understand and meet our unique needs, made them the right partner for our organization.”
“It is an honor to partner with the Robert Wood Johnson Foundation and to help safeguard the assets it manages and leverages for such far-reaching results,” said Vince Sands, executive vice president, BNY Mellon Asset Servicing. “Our combination of securities processing technology, value-added services, and unmatched client commitment will be brought to bear in supporting the Foundation’s vital and important work.”
BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of specialized asset servicing capabilities, including custody and fund services, securities lending, performance and analytics, and execution services. BNY Mellon Asset Servicing provides services through The Bank of New York, Mellon Bank, N.A. and other related companies.
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Contact:
Joseph F. Ailinger, Jr.
Corporate Communications
The Bank of New York Mellon Corporation
One Boston Place, Boston, MA 02108
(617) 722-7571
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