{"id":7438,"date":"2008-04-02T00:00:00","date_gmt":"2008-04-02T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"bank-of-ny-tops-200-billion-hedge-fund-assets-under-administration","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/04\/2008\/bank-of-ny-tops-200-billion-hedge-fund-assets-under-administration.html","title":{"rendered":"Bank Of NY Tops $200 Billion Hedge Fund Assets Under Administration"},"content":{"rendered":"<p>CNNMoney.com- Bank of New York Mellon Corp. (BK) said Tuesday its alternative investment services business has surpassed $200 billion in hedge fund assets under administration. <\/p>\n<p>The New York financial services giant said the milestone reflects &quot;rapid global growth in the firm&#8217;s servicing of funds of hedge funds and multistrategy hedge funds.&quot;<\/p>\n<p>Bank of New York said in the last five years, it has grown hedge fund assets under administration to $200 billion from $30 billion. In 2007, assets under administration rose 94%.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/money.cnn.com\/news\/newsfeeds\/articles\/djf500\/200804010835DOWJONESDJONLINE000333_FORTUNE5.htm\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CNNMoney.com- Bank of New York Mellon Corp. (BK) said Tuesday its alternative investment services business has surpassed $200 billion in hedge fund assets under administration. The New York financial services giant said the milestone reflects &quot;rapid global growth in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7438","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7438"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7438\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}