A statement sent to us last week tells us, "BNY Mellon and Dreyfus, BNY Mellon's affiliated liquidity manager, are pleased to partner with NY MuniTrust to deliver competitive liquidity options through a turnkey solution for New York municipalities. As the manager for NY MuniTrust's recently launched local government investment pool (LGIP), Dreyfus is leveraging its nearly 50 years of experience to help municipalities optimize their liquidity with competitive investment returns at a unique value. In addition, BNY Mellon supports NY MuniTrust by providing custody, fund accounting and record keeping for the investment pools." John Tobin, Chief Investment Officer for Dreyfus, comments, "Dreyfus has deep roots in New York. We're pleased to be able to offer these competitive liquidity solutions to our local municipalities. NY MuniTrust offered us the opportunity to broaden the investment options for NY-based municipalities -- and we were eager to partner with them to provide this client-focused solution." Declan Denehan, Managing Director and Head of Public Funds Segment for BNY Mellon Asset Servicing, adds, "With 238 years in New York, it is powerful to see the broad impact our services can have in our communities.... BNY Mellon is proud to be able to provide a turnkey solution -- from custody, fund accounting and record keeping through investment management -- for New York municipalities."

Email This Article




Use a comma or a semicolon to separate

captcha image

Daily Link Archive

2024 2023 2022
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2021 2020 2019
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2018 2017 2016
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2015 2014 2013
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2012 2011 2010
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2009 2008 2007
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2006
December
November
October
September