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BNY Mellon appointed global credit manager

25 March 2013

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London Borough of Barking and Dagenham Pension Fund has hired BNY Mellon Asset Management International Limited as a global credit investment manager.

BNY Mellon will manage the investment of an active global credit portfolio of approximately £50m through a pooled fund, which is preferred, or a segregated account.

The council's pension fund had awarded the contract to BNY Mellon after 18 offers were received.

First published 22.03.2013