BNY Mellon Investment Management has launched a global multi-asset fund that mainly targets income generation.

Dubbed Dreyfus Global Multi-Asset Income Fund, the new strategy invests in equity and equity-related securities, debt and debt-related securities, and also real estate, commodities and infrastructure in developed and emerging markets.

The firm said that the fund’s investments across various asset classes aims to build a diversified portfolio focussed on income generation and at the same time,  maintain long-term capital appreciation.

Dreyfus, a unit of BNY Mellon, is the investment adviser of the new vehicle, while Newton Investment Management (North America) is its sub-investment adviser. Paul Flood and Bhavin Shah will serve as the fund’s primary portfolio managers.

“We see Dreyfus Global Multi-Asset Income Fund, which aims to provide current income while maintaining the potential for long-term capital appreciation, as an opportunity that can provide for both needs. The Fund draws upon Newton’s strong heritage of managing multi-asset portfolios, deep experience across global markets and rigorous fundamental analysis to unearth our highest-conviction ideas for investors,” Flood stated.


How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData