BNY Mellon Announces New Total Emerging Markets Strategy

February 17, 2011 ( - Standish Mellon Asset Management Company LLC and The Boston Company Asset Management (TBCAM), both investment boutiques of BNY Mellon Asset Management, have announced the launch of their jointly managed Total Emerging Markets strategy.

Total Emerging Markets strategy is an actively managed strategy that seeks to create a diversified portfolio comprising the most attractive opportunities in emerging markets bonds, equities, and currencies.

Within this new strategy, Standish and TBCAM will share asset allocation and country selection decisions. Standish will select fixed income securities and make currency management decisions with TBCAM handling equity selections.  

“We have designed the Total Emerging Markets strategy so it can seek better risk-adjusted and absolute long-term performance than traditional emerging markets equity portfolios benchmarked against the MSCI EM Index*,” said Alexander Kozhemiakin, who leads the emerging markets fixed income team at Standish, in a press release.  

In contrast to a traditional emerging markets equities-only portfolio, the Total Emerging Markets strategy is designed to encompass an expanded investment universe and should benefit from a greater degree of country diversification than an equities-only portfolio as the equity and fixed income universes in emerging markets only partially overlap, according to the announcement.