BNY Mellon IM appoints government Brexit adviser as first chief economist

Shamik Dhar joins from the UK’s Foreign and Commonwealth Office

BNY Mellon Investment Management has hired Shamik Dhar for the newly-created role of chief economist, responsible for conducting proprietary research and analysis, in order to develop economic commentary.

Dhar (pictured), who will join on 1 October from his role as chief economist in the UK's Foreign and Commonwealth Office, will act as the firm's primary spokesperson on global macroeconomics, geopolitics and capital markets. MFS chief economist on the 'winner-takes-all world' CEO of BNY Mellon IM Mitchell Harris explained it is "vital" to "arm investors with insightful guidance on the economic environment", as the economy transitions to "a post-quantitative easing and de-accumulation world".  "Investors find themselves navigating unchartered economic territory," he said. "Shamik...