Euclides Moreno se une a Bolton Global

Bolton Global Capital ha sumado al equipo de su oficina de Miami a Euclides Moreno, quien mantendrá la denominación “The Moreno Wealth Management Group” con la que ya operaba anteriormente. Moreno ejercía de managing director en Merrill Lynch liderando una práctica con 650 millones en activos de clientes internacionales, que suponía 6,4 millones en ingresos para la firma, y un equipo de siete profesionales.

En esta nueva etapa, los activos de los clientes serán custodiados por BNY Mellon Pershing, plataforma a través de la cual tendrán acceso a mercados de 65 países, mientras que Bolton proveerá el back office, compliance y apoyo técnico al equipo de Moreno.

“Estamos muy orgullosos de que otro de los mejores profesionales se una a nuestra firma y estamos deseando apoyar el continuo crecimiento de su negocio”, declaró Ray Grenier, CEO de Bolton. La oferta de Bolton ya atrajo el año pasado a nueve grandes equipo de los principales bancos y broker dealers, lo que resultó en la transferencia a la plataforma de un total 1.500 millones en activos.

Antes de unirse a Merrill Lynch, firma a la que ha estado ligado durante 17 años, Moreno trabajó en el negocio bancario de su familia en Venezuela.

Pershing Creates Combined Manager Research Team with BNY Mellon

Pershing continues to seek new, innovative ways to collaborate across the BNY Mellon enterprise to create more value for your firm and your clients.

Today, we are excited to announce the combination of internal and external manager research functions of Lockwood, BNY Mellon Wealth Management and BNY Mellon Investment Management. The team will conduct manager research for our institutional, high net worth and financial intermediary customers. The team will leverage the investment management expertise of BNY Mellon, enabling them to draw on the best of BNY Mellon’s investment research and portfolio management processes in managed accounts.

The deeper universe of money managers available on the Pershing platform enhances the firm’s efforts to create and deploy tailored strategies to meet your needs. Pershing’s investment advice and technology solutions from Pershing provide maximum flexibility—enabling your firm to compete effectively in the investment advisory arena. And, our comprehensive platform will provide a single interface for all customers, with an enhanced proposal system, wealth reporting, trade processing and rebalancing tools, billing capabilities and much more.

The research alignment is another example of how Pershing draws on the broader BNY Mellon enterprise for your benefit. Pershing will continue to explore opportunities to further enhance value for your firm, help you compete more effectively and better serve your clients’ investment needs

Pershing Offers New Proprietary Macroeconomic Research from Roubini Global Economics

Nouriel Roubini to Speak At Alternative Fund Managers and Investment Professionals Event

JERSEY CITY, N.J.,— Pershing LLC, a BNY Mellon company, announced today the availability of a report from Roubini Global Economics titled, Policy and Prospects: Are Governments Tipping the Balance Toward Depression?. Available exclusively through Pershing Prime Services, this macroeconomic research will be highlighted at an event featuring Nouriel Roubini, co-founder and chairman of Roubini Global Economics, in New York on October 6, 2011.

The report, the second developed this year under a strategic alliance between Pershing and Roubini Global Economics, looks at how economic events of the past are influencing the current economic situation and forecasts what lies ahead. The study explores the variables that helped drive global economic expansion prior to the Great Recession, provides analysis of the fiscal and monetary policies enacted to stimulate growth, and details several short and medium-term macroeconomic scenarios that could shape a rebalancing of the global economy in the years to come.

“Three years have passed since the start of the financial crisis, yet asset managers still face volatile capital markets, stalling growth and continuing financial system risk, especially in the Euro zone. This study provides alternative fund managers, broker-dealers and registered investment advisors (RIAs) with actionable insights they can use to assess their positions and search for new investment opportunities,” said Gerry Tamburro, managing director of Pershing Prime Services.

The October 6, 2011 event, hosted by Pershing Prime Services and BNY Mellon Alternative Investment Services, is designed to provide alternative fund managers, broker-dealers and RIAs with exclusive macroeconomic analysis. Featuring Nouriel Roubini as the keynote speaker, the event will include insights into the broader context of long-standing global imbalances and why contractionary policies may potentially be self-defeating, neither reducing deficits nor restarting growth.

“The enormous stimulus that stabilized the global financial system has not generated the V-shaped recovery that many expected,” said Christian Menegatti, head of global economic research. “With much of the developed world still grappling with balance sheet repair amid excessive debt and low growth and the looming risk of another financial crisis, investors are looking for guidance that can help reduce today’s uncertainty.”

The strategic alliance formed through this research partnership enhances Pershing’s institutional research services, which offers access to a real-time repository of research reports through Roubini Global Economics that encompass thousands of global securities and a diverse range of methodologies, geographies and sectors.

For more information on the event or to download a copy of the report, please visit www.pershingprimeservices.com.

Pershing LLC (member FINRA/NYSE/SIPC) is a leading global provider of financial business solutions to more than 1,500 institutional and retail financial organizations and independent registered investment advisors who collectively represent more than five million active investors. Located in 21 offices worldwide, Pershing and its affiliates are committed to delivering dependable operational support, robust trading services, flexible technology, an expansive array of investment solutions, practice management support and service excellence. Pershing is a member of every major U.S. securities exchange and its international affiliates are members of the Deutsche Börse, the Irish Stock Exchange and the London Stock Exchange. Pershing LLC is a BNY Mellon company. Additional information is available at www.pershing.com.

BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team. It has $26.3 trillion in assets under custody and administration and $1.3 trillion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.7 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available at www.bnymellon.com and through Twitter @bnymellon.

Pershing Forms Strategic Alliance with Roubini Global Economics

Pershing LLC, a BNY Mellon company, announced it has formed a strategic alliance with Roubini Global Economics, an independent, global economic research firm. This agreement will provide Pershing’s hedge fund, broker-dealer and registered investment advisor customers with exclusive research and analysis on trends and developments shaping the global economy. The first proprietary report, available exclusively through Pershing, is titled States and Sovereigns: Eurozone and U.S. State Debt Woes. An exclusive event featuring Roubini Global Economics’ Chief Economic Strategist will be held in New York on April 14, 2011.

Roubini Global Economics, led by renowned economist Nouriel Roubini, will produce semi-annual research reports and host conference calls that explore macroeconomic trends and developments. Roubini Global Economics will also participate in a series of events hosted by Pershing Prime Services, BNY Mellon Alternative Investment Services and BNY Mellon Global Markets that are designed to help alternative fund managers, advisors and investment professionals navigate the economic landscape.

The inaugural report, States and Sovereigns: Eurozone and U.S. State Debt Woes, offers in-depth analysis of key questions surrounding the relative risks associated with Eurozone sovereign debt and U.S. state debt, including, how U.S. state finances are weathering the crisis given their diminished revenue and looming liabilities for pensions and other public employee benefits, and how high is the anticipated risk of debt default among nations on the Eurozone periphery in the next two years.

A discussion on the credit fundamentals of U.S. municipal debt and Eurozone sovereign debt will be included during the April event, which features Arnab Das, managing director of Market Research and Strategy at Roubini Global Economics as the keynote speaker. Mr. Das will also explore the evolving financial and regulatory environment surrounding the alternative funds industry.

“As global economic shifts present new portfolio challenges and opportunities for fund managers, demand for timely, macroeconomic analysis is on the rise,” said Craig Messinger, managing director of Pershing Prime Services. “Our relationship with Roubini Global Economics, a respected leader in economic research, underscores our commitment to providing our customers with a wide range of thought leadership and industry resources.”

The strategic alliance formed with Roubini Global Economics enhances Pershing’s institutional research services, which includes a real-time repository of research reports and recommendations that encompass thousands of global securities and a diverse range of methodologies, geographies and sectors.

“Understanding macroeconomic influences and their implications is more important than ever to the investment decision making process,” said Arnab Das. “The exclusive research developed for Pershing’s customers will help a growing universe of portfolio managers and financial advisors capitalize on new trends shaping the global economy.”

To download a copy of the report, please visit www.pershingprimeservices.com.

Pershing LLC (member FINRA/NYSE/SIPC) is a leading global provider of financial business solutions to more than 1,500 institutional and retail financial organizations and independent registered investment advisors who collectively represent approximately five million active investors. Located in 21 offices worldwide, Pershing and its affiliates are committed to delivering dependable operational support, robust trading services, flexible technology, an expansive array of investment solutions, practice management support and service excellence. Pershing is a member of every major U.S. securities exchange and its international affiliates are members of the Deutsche Börse, the Irish Stock Exchange and the London Stock Exchange. Pershing LLC is a BNY Mellon company. Additional information is available at www.pershing.com.

BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team. It has $25.0 trillion in assets under custody and administration and $1.17 trillion in assets under management, services $12.0 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available at www.bnymellon.com