GLOBAL - Mellon Asset Management saw its assets under management (AuM) rise a significant US$55bn or 21% for the year ending June 30 2006, driven largely by the creation of the WestLB Mellon joint venture.
That venture helped boost AuM by $47bn, but Mellon also attributed the rise to improved equity markets. Robert Kelly (pictured), CEO of Mellon Financial Corporation said he was “particularly ple...
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