BNY Mellon IM appoints head of European distribution

News Team, 18/11/2021

Asset management giant BNY Mellon Investment Management has appointed Matt Shafer as head of European distribution. 

Mr Shafer will oversee BNY Mellon Investment Management’s UK and continental European businesses and will work closely with its investment firms. He will report to Matt Oomen, global head of distribution at BNY Mellon Investment Management, in this newly created role. He joins the firm I January 2022 and will be based in London.

Mr Shafer joins the firm from Natixis Investment Managers where he was head of international distribution covering financial institutions, intermediary and retail markets, and captive assets. Prior to this, he was head of sales for offshore funds, alternative investments and managed products at Merrill Lynch in the US, and subsequently in London. Mr Shafer started his nearly two-decade long career in investment at Eaton Vance and later Bank of America.

Matt Oomen, global head of distribution at BNY Mellon Investment Management, said: “Matt is a highly experienced and well-respected distribution leader in the asset management industry. He brings with him a significant understanding of our clients and the investment challenges that they face, as well as a background in building and growing distribution businesses across the UK and continental Europe. Matt is a strong advocate of the multi-investment firm model and has notable experience in garnering its advantages and benefits for clients. We are very much looking forward to welcoming him to our company soon.”

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