Mr Malvey has also appointed director of the newly formed BNY Mellon Center for Global Investment & Market Intelligence, where he will lead a team responsible for capturing and researching investment trends, market activity and economics.

Mr Malvey will focus on developing a global investment and market knowledge platform that will help capture and communicate the investment opinion and analysis from across the investment firms that comprise BNY Mellon Asset Management.

Mr Malvey is best known for the time he spent at Lehman Brothers, where as managing director and chief global fixed-income strategist he chaired the multi-asset investment strategy group and served on the company's wealth management investment committee.

Mr Arledge, said: “We are excited to welcome Mr Malvey to our team. His extensive experience in financial markets and strong economics background will prove invaluable as we discuss the outlook on topics that are highly important to our investment management professionals and that are considered crucial by our clients. The BNY Mellon Center for Global Investment & Market Intelligence will harness the power of our investment platform and create a rich forum to evaluate market trends and the evolving investment landscape.

“BNY Mellon has a unique opportunity to bring the entire company's wealth of experience together to help clients navigate these challenging markets. The establishment of this new group will differentiate us from our competitors and enable us to develop closer partnerships with our valued clients.”

Will Mr Malvey's experience benefit the firm?

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