Who wants to be a trillionaire?

Dec 4th, 2006 | Filed under: Hedge Fund Industry Trends

As BNY Mellon’s first official slide presentation from Monday indicates, the combined firm is now one of a handful of asset managers with over $1 trillion of AUM.        

                     

This slide (slide #12) also contains a few hints about the rationale behind the merger (at least from an asset management perspective).  

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  1. […] Who wants to be a trillionaire? […]

  2. […] Looks like BoNY M will have to update its list of trillionaires.  Number one UBS ($2.016t) is being trumped by Barclay’s / ABN AMRO ($2.058t).  But the difference is “razor thin” at a mere $42 billion (a tad larger than the GDP of Kenya for those keeping score at home).  […]

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