Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

BNY Mellon asset management head Jon Little exits

BNY Mellon has appointed Mitchell Harris as sole head of its asset management business for an interim period.

Fellow co-head of the $1 trillion business Jon Little, who was also serving on an interim basis, has decided to quit the group to pursue other opportunities within the financial services industry. Little had been with the firm since 2000.    

Harris will continue in his role as chairman of the fixed Income, cash and currency group of BNY Mellon Asset Management.

Harris served as chief executive at the firm's fixed income boutique, Standish, from 2004 to 2009 and as chairman from 2004. He joined in 1993 from Pareto Partners, where he served as chief executive officer from 2004

Commenting on the news, BNY Mellon chairman and chief executive Robert P Kelly said. 'The asset management leadership team has demonstrated resilience through challenging market cycles, continuing to provide our clients with strong investment performance and superior service around the globe.

'I’m pleased that we have the benefit of Mitchell’s outstanding leadership during this transition period and we wish Jon the best in his new role.'

BNY Mellon enjoyed inflows of $13 billion in the second quarter.

It's UK investment arm, Newton, has been one of the stars of the credit crunch. It contains seven Citywire rated managers: Tineke Frikkee, Iain Stewart, Ken Lyall, Ben Russon, James HarriesChristopher Metcalfe and Simon Laing.

 

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

Related Fund Managers

Iain Stewart
Iain Stewart
64/120 in Mixed Assets - Aggressive GBP (Performance over 3 years) Average Total Return: 19.94%
Tineke Frikkee
Tineke Frikkee
34/81 in Equity - UK Equity Income (Performance over 3 years) Average Total Return: 22.21%
Ben Russon
Ben Russon
7/98 in Equity - UK Equity Income (Performance over 1 year) Average Total Return: 10.44%
Christopher Metcalfe
Christopher Metcalfe
3/98 in Equity - UK Equity Income (Performance over 1 year) Average Total Return: 15.29%
Ken Lyall
Ken Lyall
James Harries
James Harries
Simon Laing
Simon Laing
Citywire TV
Play Taxicab Tenner: AXA IM's Nicolas Trindade

Taxicab Tenner: AXA IM's Nicolas Trindade

After a summer break, it is the turn of AXA Investment Manager's Nicolas Trindade to give a £10 view of how fixed income is faring.

Play Wealth Manager Olympics: the Relay

Wealth Manager Olympics: the Relay

In the final round of the Wealth Manager Olympics, our intrepid athletes team up for the relay.

Play Wealth Manager Olympics: the Shot Put

Wealth Manager Olympics: the Shot Put

After busting a gut in the 100m sprint, our wealth manager Olympians displayed their brute strength in the shot-put.

Read More
Your Business: Cover Star Club

Profile: gearing up for the shift from consolidation to start-ups

Profile: gearing up for the shift from consolidation to start-ups

‘I think the industry is evolving rapidly, but not necessarily as a whole,’ says the head of recently launched Charles Nicholson AM

Wealth Manager on Twitter