In Brief: Bank of N.Y. Unit to Subadvise 3 Funds

Published March 22, 2005, 2:00 a.m. EST

Updated March 21, 2005, 3:58 p.m. EST

1 Min Read

Bank of New York said Monday that its BNY Asset Management unit had been retained as the subadviser to three international funds offered by Enhanced Investment Products Ltd.

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The portfolios, which have about $93 million of assets, are the Enhanced Taiwan Index Fund, Enhanced India Index Fund, and Enhanced China Index Fund.

Steve Pisarkiewicz, an executive vice president and the head of BNY Asset Management, noted in a press release that it recently surpassed $100 billion dollars of assets under management.

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