Margo Cook, formerly a mortgage-backed securities specialist at BNY Asset Management, has been named executive vice president of the company, the investment management arm of The Bank of New York.Ms. Cook will be responsible for equity and fixed-income strategies for the institutional market, BNY said. Ms. Cook led Institutional Fixed Income Management for the company for the past nine years, and she previously held other positions such as senior portfolio manager and MBS specialist. The company also announced that Patrick K. Byrne has been named to replace Ms. Cook as head of Institutional Fixed Income Management. He was previously a senior portfolio manager specializing in MBS and asset-backed securities. The Bank of New York can be found online at http://www.bankofny.com.

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