BNY Reaches $500M In Assets In Ireland

BNY Mellon has gathered $500 billion in assets under administration in Ireland.

BNY Mellon has gathered $500 billion in assets under administration (AUA) in Ireland. The firm’s assets have increased by 8% since the beginning of 2011 and by 50.16% since the start of 2010.

BNY Mellon’s acquisition of PNC Global Investment Servicing in July 2010 is expected to have lead to the growth in assets. BNY Mellon services and sponsors ETFs and has about $200 billion in ETFs assets under administration.

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