Asset Servicing Pricing Will Not Fall Further, Says BNY Mellon Executive
The prices charged by asset servicing providers “have bottomed out,” says an executive at BNY Mellon, as the investment management and investment services company expands the availability of its OnCore integrated outsourcing offering to investment managers in Europe, the Middle East, Africa and Asia-Pacific, following a roll-out in North America.
London-based Daron Pearce, head of investment manager services for Europe, the Middle East, Africa and Asia-Pacific, BNY Mellon Asset Servicing, says
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