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Bond house Standish targets Asia growth

The credit-orientated firm expects the positive inflows of 2009 to continue for absolute-return and inflation-linked fixed-income strategies.
Standish, the core fixed-income asset-management shop under the BNY Mellon Asset Management umbrella, is adding resources to boost its institutional business and client servicing in Asia to handle demand for bond exposure. Des Mac Intyre, president and chief executive in Boston, says the firm has added a product specialist in Australia this past year and is considering adding another based in either Hong Kong or Singapore. The hires report to David Jiang, BNY Mellon Asset Management'…
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