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BNY Mellon Boutique Fills CIO Role

Vanessa Doctor

14 October 2010

Standish Mellon Asset Management, the boutique asset manager under BNY Mellon, has appointed David Leduc as chief investment officer of active fixed income.

Leduc's wide experience is expected to help Standish expand its network globally. He has worked at the company since 1995 and most recently served as managing director of global fixed income and as senior portfolio manager responsible for overseeing non-US and global bond strategies. Prior to that, he was an investment officer at State Street Bank & Trust.

He takes over from Kent Wosepka, who has resigned to pursue other interests.

Standish offers a range of credit-based and specialty bond strategies, inclduing structured product solutions for US and global pension funds, sovereign wealth funds, endowments, foundations, insurance firms, and other institutions. It is headquartered in Boston.