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Fresh changes as BNY Mellon overhauls Emea funds arm

Institutional distribution head's role has been scrapped, while the marketing head is leaving, as $1.7 trillion US manager revamps in the region

Fresh changes as BNY Mellon overhauls Emea funds arm

BNY Mellon Investment Management has scrapped the role of head of Emea institutional distribution and is parting company with its head of marketing for the region, as it implements changes to its European business following a strategic review.

The $1.7 trillion investment house confirmed in a statement on October 23 that it was working with Adrian Gordon, who was its head of institutional distribution for Europe, the Middle East and Africa, to "explore alternative roles" within the group after his role was eliminated in a September strategic review.

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