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Efficient Fixed
Income Beta Solutions

What is Efficient Fixed Income Beta?

Clients have been telling us that they are not getting satisfactory fixed income returns from either their passive or active managers. Efficient Beta is our way of approaching this challenge, focusing on fixed income areas where we can address these inefficiencies and deliver beta in a systematic and disciplined way.

The first thing we do is identify the inefficiencies. Where they are material we believe we have a solution. The goal is usually delivering the index which typically gets you top quartile performance but also doing it in a highly liquid and cost competitive structure.

$12+ billion in

100+ clients worldwide

100+ clients worldwide

100+ clients worldwide

100+ clients worldwide

About mellon

Brought to you by Mellon*

A global multi-specialist investment manager with a full spectrum of research-driven solutions.

Why Mellon for Efficient Fixed Income Beta?

US$534.0bn2

AUM across fixed income, equity, multi-asset and index strategies

$12+ billion in

100+ clients worldwide

100+ clients worldwide

100+ clients worldwide

100+ clients worldwide

    Scale
    Expertise
    Innovation
    Experience
    Solution
    focus

    US$534.0bn2

    AUM across fixed income, equity, multi-asset and index strategies

    1circle-filled-01

Solution focus

Actively partner with clients to develop liquid and cost-efficient beta solutions that achieve desired outcomes, including ESG considerations.

Solution focus
Actively partner with clients to develop liquid and cost-efficient beta solutions that achieve desired outcomes, including ESG considerations
Scale
US$140.4bn AUM in fixed income of which US$8.9bn is in efficient fixed income beta strategies2
Expertise
Indexation: Providing index solutions for 30+ years
ETFs: Experts in leveraging the ETF ecosystem to reduce trading costs and improve liquidity
Systematic: Time-tested quantitative models replace discretionary risk taking
Innovation
Innovative and flexible toolkit designed to preserve value, manage risks and harvest alpha
Experience
2012: first efficient fixed income beta strategy launched, focussing on US High yield
Deep experience of working with authorised participants1 and credit desks
Sub-advisor
to one of the largest ETF providers since their launch

1. Authorized participants (AP) are one of the major parties at the centre of the creation and redemption process for exchange-traded funds (ETF). They provide a large portion of liquidity in the ETF market by obtaining the underlying assets required to create a fund.

2. Source: Mellon as at 30 June. Where applicable, assets include discretionary and non-discretionary assets, the notional value of overlay strategies, and assets managed by investment personnel acting in their capacity as officers of affiliated entities.

Mellon is a long standing player in the ETF ecosystem with specific skill sets and tools to target these challenges.

Mellon were early pioneers in indexation and have unique talents to deliver Efficient Beta and are solutions-led, responding to client challenges where value can be added back to help achieve the clients’ desired outcomes.

$12+ billion in

100+ clients worldwide

100+ clients worldwide

100+ clients worldwide

100+ clients worldwide

Meet the team

Mellon’s Efficient Fixed Income Beta team has over thirty years of experience managing fixed income portfolios and has been running efficient fixed income beta portfolios since 2012.

$12+ billion in

100+ clients worldwide

100+ clients worldwide

100+ clients worldwide

100+ clients worldwide

Paul
Paul Benson
CFA, CIAI
Head of Fixed Income Efficient Beta
Manuel
Manuel Hayes
Senior portfolio manager
Stephanie
Stephanie Shu
CFA
Senior portfolio manager
Agrawak_Deepak
Deepak Agrawal
PhD
Head of Fixed Income Quantitative research
FUNDS

BNY Mellon Efficient U.S. Fallen Angels Beta Fund

$12+ billion in

100+ clients worldwide

100+ clients worldwide

100+ clients worldwide

100+ clients worldwide

Contact us

$12+ billion in

100+ clients worldwide

100+ clients worldwide

100+ clients worldwide

100+ clients worldwide

Ned_Meaney

Ned Meaney

Director

The value of investments can fall. Investors may not get back the amount invested.

Important information

*Investment Managers are appointed by BNY Mellon Investment Management EMEA Limited (BNYMIM EMEA), BNY Mellon Fund Management (Luxembourg) S.A. (BNY MFML) or affiliated fund operating companies to undertake portfolio management activities in relation to contracts for products and services entered into by clients with BNYMIM EMEA, BNY MFML or the BNY Mellon funds.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

CAIA® and Chartered Alternative Investment Analyst® are registered trademarks owned by the CAIA Association.

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$12+ billion in

100+ clients worldwide

100+ clients worldwide

100+ clients worldwide

100+ clients worldwide