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BNY to acquire BHF

08 March 2010

BNY Mellon has agreed to acquire BHF Asset Servicing from BHF subject to regulatory approvals.

Read more: [BNY Mellon BHF Asset Servicing]

BNY Mellon has agreed to acquire BHF Asset Servicing from BHF-BANK for EUR253 million (US$343 million), subject to regulatory approvals. This transaction will include the purchase of BHF Asset Servicing’s wholly-owned fund administration...


 

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What will UCITS IV mean to the market?

It will increase economies of scale and reduce costs for UCITS investors
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It will provide more choice, transparency and investor protection
17%
It will encourage the consolidation of funds
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It will result in a push by firms to domicile in a single location as opposed to multiple
17%
No real effect at all
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