BNY Mellon

Alternative Investments/ESG: BNY Mellon Launches Active ESG Corporate Bond ETF

NY Mellon Investment Management launched the BNY Mellon Responsible Horizons Corporate Bond ETF (RHCB) last week. The actively managed ETF will focus on corporate debt securities issued by companies that demonstrate attractive investment attributes and business practices, based on Prime, a proprietary ESG rating methodology developed by Insight Investment, the sub-advisor to the new ETF. Insight Investment is a BNY Mellon investment firm with AUM of $1.2 trillion.

Digital Assets: Bitcoin Scales New High Amidst Confluence Of Positive News

Bitcoin is currently trading at $48,024.32, up over 8% but marginally off the fresh all-time high of $48, 297.35 it hit earlier today. Likely triggers were crypto-positive announcements by Mastercard (NYSE: MA) and BNY Mellon (NYSE: BK), and a hint by U.S. Securities and Exchange Commissioner Hester Peirce (a.k.a. “Crypto Mom”) that the U.S. capital markets are ready for a bitcoin exchange-traded product.