100 Women in Finance (100WF) has announced that Yie-Hsin Hung, Chief Executive Officer of New York Life Investment Management (NYLIM) will be presented with the 100 Women in Finance 2018 North American Industry Leadership Award at their 17th annual New York Gala this November 7th. Each year, 100WF identifies a woman whose professional talent, business ethics, and passion for investing help define and advance the asset management industry’s standard of excellence. This adds to her being named one of the 25 Most Powerful Women in Finance in 2017 and 2018 by American Banker.
NYLIM is the global multi-boutique third-party asset management business of New York Life.. During her tenure, Ms. Hung has broadened NYLIM’s fixed income, equity, ETF and alternative capabilities, leading to a threefold increase in third-party assets under management since 2010. She also saw growth through expansion into markets in Europe, Asia, and Australia.
“Yie-Hsin Hung is recognized as a champion of alternative investments and has brought her experience… to expanding NYLIM’s alternative capabilities to include a broad range of private equity, mezzanine, senior secured lending, real asset and hedged strategies”, said Lauren Malafronte, Managing Director, Prime Services Scotiabank, and 100WF Global Chair of the Board of Directors.
100 Women in Finance’s mission is to empower women in the finance industry through every stage in their career. A critical element of ensuring success is to encourage women to be more visible to their colleagues, to investors, to current and future clients, and the next generation of women entering the industry.
Added Malafonte, “100WF is thrilled to recognize Yie-Hsin’s accomplishments as an investment management leader and advocate for increased allocations to alternative investments by investors on behalf of the industry.”
Go back to our newsroom to read more stories.