Bank of New York Mellon Earnings
Bank of New York Mellon, which we own in our Global Opportunities portfolio, reported earnings on 1/16/13 that were in line with estimates: INVESTMENT MANAGEMENT AND PERFORMANCE FEES UP 17% YEAR-OVER-YEAR ASSETS UNDER MANAGEMENT UP 10% YEAR-OVER-YEAR Net long-term inflows of $56 billion over last 12 months, $14 billion in 4Q12 ASSETS UNDER CUSTODY/ADMINISTRATION UP 9% YEAR-OVER-YEAR New wins of [...]
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