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Bank of New York Mellon boosts alternative fund services sales in Asia

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Bank of New York Mellon, a leader in hedge fund administration with more than USD195bn in assets under administration, has appointed Kate Colchester as vice-president for sales in Asia for

Bank of New York Mellon, a leader in hedge fund administration with more than USD195bn in assets under administration, has appointed Kate Colchester as vice-president for sales in Asia for the group’s alternative investment services group.

Colchester will be based in Singapore and report to Andrew M. Gordon, executive vice-president of broker-dealer services and alternative investment services at Bank of New York Mellon.

‘Kate brings considerable experience and contacts within the hedge fund and prime broker community across Asia,’ Gordon says. ‘Bank of New York Mellon is rapidly expanding in the region, and we are broadening our team of local experts to ensure that clients with global needs have the kind of expertise they require, anywhere in the world their business takes them.’

Colchester comes to BNY Mellon from Eurekahedge, an alternatives-focused data and research house where she has been director of marketing and publishing since the firm’s launch in 2001. Previously she worked for Euromoney Institutional Investor in London and Hong Kong.

Bank of New York Mellon provides hedge fund administration services from offices in Bermuda, Hong Kong, Ireland, Luxembourg and Singapore, as well as through US operations in California, Florida, Massachusetts, New Jersey, New York and Pennsylvania.

Bank of New York Mellon operates in 34 countries and serves more than 100 markets, providing asset management and wealth management, asset servicing, issuer services, clearing services and treasury services to institutions, corporations and high net worth individuals. BNY Mellon has more than USD20trn in assets under custody and administration and more than USD1.1trn in assets under management, and services USD11trn in outstanding debt.

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