BNY Mellon passes $200bn in ETF AUM

The company, which provides services to 400 products in the US and nearly 500 separate portfolios worldwide, says it is the largest global administrator for ETFs. BNY Mellon Asset Servicing managing director and head of its global ETF services business, Joseph Keenan, says that innovation, growing investor interest in ETFs and the continuing upturn in the world's capital markets have all contributed to the company's growth. He says: "ETFs have demonstrated their growth potential on a global scale, and we believe BNY Mellon is uniquely positioned to support this rapidly expanding marke...