BoNYM’s Dreyfus partners The Wisdom Tree in US ETF venture

BNY Mellon Asset Management has announced that The Dreyfus Corporation is to partner with WisdomTree Investments, Inc on international cash and fixed income ETF products

The products will be part of the WisdomTree Trust and will be co-branded and marketed by both organizations. Dreyfus will act as subadvisor to the Trust.

“BNY Mellon Asset Management comprises asset management companies with individual, proprietary investment expertise, and this unique combination of talent fosters the development of innovative investment products,” said Ronald P. O’Hanley, president and chief executive officer of BNY Mellon Asset Management.

“The creation of new ETFs complements what BNY Mellon Asset Management does already.”

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