BNY Global Transition Management unveils new algorithm

BNY Global Transition Man-agement has been in operation for 20 years, helping institutional investors to implement a range of investment decisions, including changing asset allocations, asset classes, and hiring new asset managers.

"Whenever you trade an asset or a portfolio, you must always contend with two issues - market impact and opportunity cost," says Kal Bassily, managing director and global head of BNY Global Transition Management.

Bassily says his business aims to help institutional

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