NEW YORK, May 24, 2017 /PRNewswire/ -- BNY Mellon, a global
leader in investment management and investment services, and CFA Institute, the global association of investment professionals,
today announced a partnership with the shared goal of promoting the highest standards of professional excellence across the
investment management industry. The partnership will expand professional development opportunities for BNY Mellon employees and
allow for the development of collaborative research on social investing, as well as diversity and inclusion.
"We're pleased to partner with an organization that has continually demonstrated its commitment to promoting a framework of
ethics, education, and professional excellence and maintaining its important role as a steward of the investment management
profession," said Brian Shea, CEO of Investment Services and Vice Chairman of BNY Mellon. "This
partnership formalizes our ongoing relationship with CFA Institute and reinforces BNY Mellon's objective to serve as an advocate
for positive change and provide support to professionals who can contribute to an evolving financial marketplace."
For BNY Mellon, one benefit of the partnership is an increased focus on continuing professional education opportunities
aligned with its business strategy. BNY Mellon already employs thousands of people participating in one or more of the programs
administered by CFA Institute such as Chartered Financial Analyst (CFA), Certificate in Investment Performance Measurement (CIPM)
and Investment Foundations, and this partnership reinforces its commitment to talent development. The parties will collaborate on
important thought leadership development and research, particularly as it relates to advancing industry solutions around social
investing, diversity and inclusion.
"BNY Mellon has been an active partner in the development of our professional education programs, industry best practices and
thought leadership, and we recognize our collective ability to drive change in the industry," said Paul
Smith, President and CEO of CFA Institute. "Thought leadership on critical topics such as diversity and social investing
is an ideal complement to our Future of Finance initiative, and we look forward to a collaboration that will make a positive
impact on the investment management profession."
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets
throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors,
BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of
March 31, 2017, BNY Mellon had $30.6 trillion in assets under custody
and/or administration, and $1.7 trillion in assets under management. BNY Mellon can act as a single
point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon
is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our
newsroom at www.bnymellon.com/newsroom for the
latest company news.
CFA Institute is the global association of investment professionals that sets the standard for professional excellence and
credentials. The organization is a champion for ethical behavior in investment markets and a respected source of knowledge in the
global financial community. The end goal: to create an environment where investors' interests come first, markets function at
their best, and economies grow. CFA Institute has over 148,000 members in 163 countries and territories, including 142,000 CFA
charterholders, and 147 member societies. For more information, visit www.cfainstitute.org.
Contact:
Cheryl Krauss
Office: +1 212-635-8176
Mobile: +1 917-783-0013
cheryl.krauss@bnymellon.com
Frank Pinto
Mobile: +1 917-309-1065
frank.pinto@bnymellon.com
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SOURCE BNY Mellon