BNY Mellon Re-Brands WestLB Mellon Fund

Sally Ling

11 March 2013

BNY Mellon has changed the name of the WestLB Mellon Compass Fund to the BNY Mellon Compass Fund. This change has been made to reflect that WestLB Mellon Asset Management has been wholly-owned by BNY Mellon since October 2012.

The BNY Mellon Compass Fund is a Luxembourg-domiciled SICAV with €2.1 billion (around $2.73 billion) in assets under management. It has 13 sub-funds which are managed by Meriten Investment Management (BNY Mellon’s German-based investment manager, formerly WestLB Mellon Asset Management) and other BNY Mellon investment management boutiques.