What happened to Dreyfus mutual funds?
What happened to Dreyfus mutual funds?
On June 3, 2019, BNY Mellon Investment Management rebranded the Dreyfus retail business and long-term mutual funds in the U.S. to more clearly reinforce for investors the organization’s reputation and position as one of the world’s largest investment managers.
Is Dreyfus the same as BNY Mellon?
Dreyfus currently is a subsidiary of BNY Mellon Investment Management.
Did Dreyfus funds become BNY Mellon?
We are pleased to announce that the Dreyfus U.S. Retail business and its long-term mutual funds are now known as “BNY Mellon.” The name change better aligns us with the BNY Mellon Investment Management brand.
When did BNY Mellon buy Dreyfus?
NEW YORK, March 4, 2019 /PRNewswire/ — BNY Mellon Investment Management today announced that it is rebranding the Dreyfus retail business and long-term mutual funds in the U.S. to align with the BNY Mellon Investment Management brand, effective on or about June 3, 2019, as part of a larger global brand initiative.
Is Dreyfus still in business?
Louis Dreyfus companies are present in more than 100 countries, with 72 offices. Major offices are located in Geneva, London, Beijing, Buenos Aires, Paris, São Paulo, Singapore, New York City and Connecticut. Aggregate average annual gross sales in recent years have exceeded US$120 billion.
Is Dreyfus a bank?
Dreyfus Sons & Co Ltd, Banquiers dates back to the founding in Basel in the year 1813 and is one of the oldest privately owned Swiss banks. The bank is currently managed by the sixth generation of the founding family and employs some 200 long-term employees. The main office of the bank is in Basel.
How has the Dreyfus Fund performed over the years?
The fund has returned 27.32 percent over the past year, 23.30 percent over the past three years, 19.95 percent over the past five years and 14.06 percent over the past decade. The fund launched in January 1984. Dreyfus Funds is a subsidiary of BNY Mellon Investment Management. The fund’s subadvisor is Fayez Sarofim & Co.
Who is the subadvisor for the Dreyfus large blend fund?
Dreyfus Funds is a subsidiary of BNY Mellon Investment Management. The fund’s subadvisor is Fayez Sarofim & Co. U.S. News evaluated 1,228 Large Blend Funds.
How has BNY Mellon appreciation fund performed over the years?
The fund has returned 27.32 percent over the past year, 23.30 percent over the past three years, 19.95 percent over the past five years and 14.06 percent over the past decade. BNY Mellon Appreciation Fund has an expense ratio of 0.89 percent. Investing in stocks carries both market and individual security risk.