Bloomberg Talks BNY Mellon CEO Robin Vince Talks US Assets
Mar 2, 2026
Robin Vince, CEO of BNY Mellon and longtime leader in asset servicing, gives a concise take on U.S. markets and his firm’s three-year transformation. He discusses why U.S. assets remain attractive. He talks diversification and risk management, the value and liquidity of U.S. bonds, the importance of Fed independence, and engagement with policymakers on rates.
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U.S. Market Strength Despite Recession Fears
- U.S. assets remain strong because recent recession fears didn't materialize and GDP may expand into 2026.
- Robin Vince cites continued strong market performance and upcoming stimulus checks as reasons not to flee U.S. exposure.
Rebalance Rather Than Abandon U.S. Exposure
- Diversify but avoid overconcentrating away from the U.S.; rebalance portfolios rather than sell off U.S. exposure.
- Vince recommends balanced exposure across equities and fixed income and notes the U.S. bond market's liquidity and near risk-free status.
Innovation Made U.S. Participation Rewarding
- U.S. innovation, notably AI and technology, created outsized value over the past decade, making nonparticipation costly.
- Vince frames missing U.S. market participation as a mistake given that innovation-driven returns compounded over years.