www.wealthandfinance-intl.com 5 Best Investment Management Firm - North-Eastern USA & Award for Excellence in Tax-Sensitive Fixed Income Strategies - Massachusetts Standish is a dedicated fixed income manager with over US $151.8bn in assets under management (as of September 30, 2016), which is headquartered in Boston, MA, USA. Standish traces its roots back to 1933 when its predecessor firm, Standish, Ayer and Wood, Inc., began managing fixed income portfolios for US financial institutions, banks, and insurance companies. Standish currently offers a wide range of credit-based and specialty bond strategies for pension funds, sovereign wealth funds, central banks, endowments, foundations, insurance companies and other institutions. Company: Standish Mellon Asset Management Company LLC Name: Christine Todd, CFA Email:
[email protected] Web Address: www.standish.com Address: Boston, MA As a wholly owned subsidiary of The Bank of New York Mellon Corporation (BNY Mellon), Standish enjoys the support and backing of a well- capitalized parent company with a strong balance sheet. BNY Mellon is a global financial services company, operating in 35 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing asset and wealth management, asset servicing, issuer services and treasury services through a worldwide client-focused team. Within the asset management division, Standish operates as an independent, autonomous business with its own Operating Group, led by Chief Executive Officer and Chief Investment Officer, David Leduc, who is responsible for overseeing the management of all strategies. Standish ‘s mission is to provide clients with superior and consistent investment performance that, when combined with sophisticated investment counsel, creates a partnership that embraces their challenges and meets their goals. The firm emphasizes fundamental research and quantitative models in an attempt to outperform agreed- upon client benchmarks. This combination permits highly customized client solutions and requires both strong risk controls and a high level of dedicated client service. The firm has positioned itself to deliver US municipal separately managed account (SMA) solutions to the Registered Investment Advisor market through municipal and corporate bond SMAs, as well as other SMA solutions. Standish believe that there is a significant need and desire for separate accounts, such as ownership of one’s own bonds, in a customised environment. Outside of the US, they recognise that their expertise can advance the objective of income, diversification and quality for institutional investors. Global presence is a major focus for Standish, with aims to increase this presence through their global marketing strategy. Standish leverages their parent company, BNY Mellon, as well as subsidiaries under the BNY Mellon family umbrella, such as BNY Mellon Asset Management, to more effectively reach global markets. The Standish brand image has been continually strengthened due to solid investment performance, exceptional client relationships and industry recognition. Standish intends to continue to strategically expand products, brand identity and global presence. Standish recognizes that their client service program plays an important role in their overall relationship with their clients, owing to the level of their client s’ sophistication. While portfolio managers will meet with clients regularly, they also have dedicated client portfolio managers, relationship managers and product managers who spend the majority of their time working directly with their respective clients. These managers are investment professionals who attend investment team meetings and have detailed knowledge of Standish’ s investment processes, as well as in-depth knowledge of the specifics of the portfolios which are assigned to them. This structure allows the portfolio managers to focus on managing their clients’ portfolios, whilst also ensuring the client has day-to-day access to Standish personnel that know the portfolio intimately. The relationship managers employed at Standish are responsible for providing comprehensive relationship management services to every client, which includes reviewing client portfolio objectives, performance results and attribution, as well as updating each client’ s portfolio strategy. Standish takes pride in the timeliness of their responses to client inquiries, which they are generally able to respond to the same FI160025