In the third issue of the Race for Assets series, BNY Mellon highlights that as investors seek long-term, stable yields from assets that are vital to economic growth, fund managers need to be doing more to improve transparency and reporting.
Infrastructure is growing rapidly as an asset class, with investors seeking long-term, stable yields from assets that are vital to economic growth. However, according to BNY Mellon, fund managers need to be doing far more to improve transparency and reporting. In partnership with FT Remark, BNY Mellon’s third report in its Race for Assets series offers insights for both fund managers and institutional investors in the infrastructure asset class.
Learn more by visiting BNY Mellon’s The Race for Assets series page.
— Alan Flanagan
Global Head of Private Markets Solutions, Alternative Investment Services
— Robert Wagstaff
Head of EMEA Business Development, Corporate Trust
This article is provided for general information purposes only and CIBC Mellon and its affiliates make no representations or warranties as to its accuracy or completeness, nor do any of them take any responsibility for third parties to which reference may be made. This article should not be regarded as legal, accounting, investment, financial or other professional advice nor is it intended for such use.
About CIBC Mellon
CIBC Mellon is a Canadian company exclusively focused on the investment servicing needs of Canadian institutional investors and international institutional investors into Canada. Founded in 1996, CIBC Mellon is 50-50 jointly owned by The Bank of New York Mellon (BNY Mellon) and Canadian Imperial Bank of Commerce (CIBC). CIBC Mellon's investment servicing solutions for institutions and corporations are provided in close collaboration with our parent companies, and include custody, multicurrency accounting, fund administration, recordkeeping, pension services, exchange-traded fund services, securities lending services, foreign exchange processing and settlement, and treasury services.
As at December 31, 2023, CIBC Mellon had more than C$2.6 trillion of assets under administration on behalf of banks, pension funds, investment funds, corporations, governments, insurance companies, foreign insurance trusts, foundations and global financial institutions whose clients invest in Canada. CIBC Mellon is part of the BNY Mellon network, which as at December 31, 2023 had US$47.8 trillion in assets under custody and/or administration. CIBC Mellon is a licensed user of the CIBC trade-mark and certain BNY Mellon trade-marks, is the corporate brand of CIBC Mellon Global Securities Services Company and CIBC Mellon Trust Company, and may be used as a generic term to refer to either or both companies.
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