Dreyfus Corporation
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Dreyfus is an American investment management company that deals with investment products and strategies. It was established in 1951 and is currently headquartered in New York City.
Dreyfus currently is a subsidiary of BNY Mellon Investment Management.
History
The firm's origin dates back to 1947, when investor Jack Dreyfus founded a brokerage house in New York City named Dreyfus & Co.[2][3]
In 1951, attracted by the concept of mutual funds, Dreyfus & Co. purchased a small management company named John G. Nesbett & Co., Inc. with a small common stock fund called The Nesbett Fund Incorporated. Nesbett & Co. was renamed The Dreyfus Corporation, and The Nesbett Fund became The Dreyfus Fund Incorporated.[2][3]
Going public in 1965, Dreyfus was among the first money management firms to tap into the stock market for additional capital.[2][3]
In 1976, Dreyfus was among the first fund companies to introduce an incorporated tax-exempt municipal bond fund.[2][3]
In 1994, Dreyfus completed its landmark merger with Mellon Bank Corporation, and became a wholly owned subsidiary of
On July 1, 2007,
Current operations
As a BNY Mellon company, Dreyfus provides access to its global network of asset managers, delivering investment insight and products —
References
- ^ "Hoey Biography". Dreyfus. Archived from the original on 2016-03-03. Retrieved 2010-07-26.
- ^ a b c d e f "Welcome to Dreyfus". BNY Mellon. Archived from the original on 23 February 2017. Retrieved 3 April 2018.
- ^ a b c d e f "Company Profile". FundingUniverse. Retrieved 2010-07-26.
- ^ Dash, Eric (5 December 2006). "Bank of New York and Mellon Will Merge". The New York Times. Retrieved 3 April 2018.