BNY Mellon Investment Management Japan controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2012
Ivy Asset Management settlement
Ivy Asset Management reached a $210 million settlement with U.S. authorities concerning its role in advising clients to invest with Bernard Madoff.
2010
Ivy Asset Management and Madoff-related scrutiny
Ivy Asset Management faced regulatory scrutiny over advice that led clients to invest with Bernard Madoff. The unit also had a connection to losses involving Amaranth Advisors. Its fund-of-hedge-funds operation was closed in 2010, and the matter later resulted in a settlement with U.S. authorities.