BNY Mellon Investment Management has appointed Bruce Feibel as head of performance analytics - a new role at the firm in which he will oversee performance and risk analysis processes.

Reporting to Cynthia Steer, head of manager research and investment solutions, Feibel will analyze the factors that drive returns and create risks for investment strategies and portfolios, BNY Mellon said.

Feibel joined BNY Mellon in 1999 and prior to his new role was head of strategy for the global investment services business.

He previously worked at State Street Global Advisors, providing performance measurement services to the marketing, portfolio management and client services teams.

BNY Mellon Investment Management has $1.4 trillion in assets under management. It covers BNY Mellon’s affiliated investment management firms, wealth management services and global distribution companies.