The Bank of New York Selected Best ETF Services Provider in the Americas at the 3rd Annual Global ETF Awards
NEW YORK, May 15, 2007 -- The Bank of New York, a global leader in securities servicing and asset management, was honored with the Best ETF Services Provider award at the 3rd Annual Global ETF Awards held in New York.
The award, which is given based on the culmination of votes by senior level ETF industry leaders, capped off a day-long event designed to educate industry executives on industry trends and potential new product offerings within the ETF marketplace. There were over 150 senior executives participating in the forum.
Joseph Keenan, managing director and head of sales for Investor Services, at The Bank of New York, said, "Winning this award is especially gratifying since it represents the opinions of our industry peers. We have established ourselves as an acknowledged leader in the ETF servicing marketplace, and we are honored to have been recognized for our commitment to this growing and evolving industry."
The Global ETF Awards® Dinner and Workshop were hosted by Exchangetradedfunds.com. Since its inception in 1997, Exchangetradedfunds.com has been providing information regarding product aspects of global ETFs on its website. The purpose of its annual dinner and workshop is to recognize those who have contributed to the development of the ETF industry world-wide and to allow ETF participants from the international community to discuss their respective markets. For further information, visit www.exchangetradedfunds.com.
The Bank of New York's Investor Services Division services a comprehensive and flexible range of fund structures around the world, including mutual funds, exchange-traded funds, hedge funds, and unit investment trusts. Dedicated experts are located worldwide, including Bermuda, Brussels, Cayman, Dublin, Florida, Jersey/Guernsey/Isle of Man, London, Luxembourg, New York and Singapore.
The Bank of New York Company, Inc. (NYSE: BK) is a global leader in providing a comprehensive array of services that enable institutions and individuals to move and manage their financial assets in more than 100 markets worldwide. The Company has a long tradition of collaborating with clients to deliver innovative solutions through its core competencies: securities servicing, treasury management, asset management, and wealth management. The Company's extensive global client base includes a broad range of leading financial institutions, corporations, government entities, endowments and foundations. Its principal subsidiary, The Bank of New York, founded in 1784, is the oldest bank in the United States and has consistently played a prominent role in the evolution of financial markets worldwide. Additional information is available at www.bankofny.com.
The Bank of New York provides no advice nor recommendation or endorsement with respect to any company or security. Nothing herein shall be deemed to constitute an offer or solicitation of an offer to buy or sell securities.
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