MONEY MANAGEMENT

BNY Mellon Investment Management adds institutional business head for Australia

Denis Gambi has joined BNY Mellon Investment Management in Sydney as director institutional business, Australia, the firm announced Monday.

The position is a new one for the Australian business, a spokeswoman said.

Mr. Gambi has been doing consulting work since leaving the role of head of product with AMP Capital, the spokeswoman said.

In a news release, Phil Filippelis, the firm's country head for Australia, said Mr. Gambi joins BNY Mellon Investment Management Australia at a time of growing demand for strategies offered by the firm's investment boutiques, including private debt, alternatives and multi-asset strategies.