Global Macro Views

Mellon Webex Series: Quarterly Economic Outlook July 2021

00:51:24
Global Macro Views Video
July 2021

In this quarterly update on economics and financial markets, Chief Economist and Macro Strategist Vincent Reinhart explores if inflation can be controlled by policymakers’ experiments to boost demand.

Mellon Investments Corporation (“Mellon”) is a registered investment advisor and subsidiary of The Bank of New York Mellon Corporation ("BNY Mellon"). The Firm also includes assets managed by Mellon personnel acting as dual officers of affiliated companies. AUM, client and employee counts are as of the most recent quarter end, unless noted otherwise. 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. ESG assets include assets managed in fundamental active strategies, custom ESG strategies, and assets managed in accordance with client directed SRI guidelines. BNY Mellon Investment Management is one of the world’s leading investment management organizations and one of the top U.S. wealth managers, encompassing BNY Mellon’s affiliated investment management firms, wealth management organization and global distribution companies. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation and may also be used as a generic term to reference the Corporation as a whole or its various subsidiaries generally.

Mellon’s investment capabilities in fixed income, equities and multi-asset, and liquidity will be realigned with Insight Investment (Insight), Newton Investment Management (Newton) and Dreyfus Cash Investment Strategies (the “Reorganization”). The Reorganization is expected to occur in August 2021. As part of the Reorganization, Mellon’s fixed income capabilities will transition to Insight, Mellon’s equity and multi-asset capabilities will be transitioned to Newton, and Mellon will continue to operate its cash and liquidity business under the brand of Dreyfus Cash Investment Strategies. There will be no change to the firms’ investment processes or philosophies during the transition period as a result of the change. Following the transition period, Mellon will continue to deliver institutional equity and fixed income index management.

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