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| Recapture Agent - ConvergEx Group offers specialized solutions in commission recapture – helping clients save commissions, reduce costs and conserve investable assets – and transition management expertise – transitioning global portfolios to preserve capital and minimize risk – through BNY Global Transition Management. In 1986, ConvergEx Group was among the pioneers of commission recapture, a form of institutional discount brokerage. Today, more than 2000 funds in 23 countries with assets totaling more than $3 trillion use an ConvergEx Group commission recapture program to save commissions, conserve assets and benefit participants. BNY Global Transition Management takes a strategic, disciplined approach to portfolio transitions, one that leverages their experience, dedicated team of experts and the global resources of BNY ConvergEx Group. Their expertise in transition management has resulted in a business model designed to best preserve a client’s assets while mitigating risk and controlling costs. Both ConvergEx Group and BNY Global Transition Management are divisions of BNY ConvergEx Execution Solutions LLC. BNY ConvergEx Group, LLC - an affiliate of The Bank of New York - provides conflict-free, global agency brokerage and investment technology solutions designed to deliver a comprehensive, integrated approach to the investment cycle, from idea generation and trade execution to clearance and settlement. For more information, please visit www.convergex.com Please contact Jason Widener at +1 704 944 3237/+1 877 444 4305 or jason.widener@instinet.com for further information. |
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