NEW YORK and LONDON, Feb. 19, 2014 /PRNewswire/ -- Newton, part of BNY Mellon, has announced the appointment of Jim Wylie as Head of North America for Newton Capital Management responsible for leading and developing Newton's North American distribution and client servicing business.  Based in New York, Wylie reports to Helena Morrissey, CEO of Newton Investment Management.

Wylie has an extensive global institutional and retail sales background and was most recently chief marketing officer and executive managing director of Turner Investment Partners. Prior to that, he was global head of sales at Acadian Asset Management.

Morrissey commented on the appointment: "Jim joins us with a wealth of relevant experience and will add leadership and strategic vision complemented by extensive global institutional and retail sales knowledge.  He is highly respected within the industry and we are confident that he will significantly strengthen our distribution capability.  As well as leading on all Newton's strategic initiatives in North America he will also assume leadership of the current team of US-based sales, distribution and client service professionals.  We are looking forward to working with him."

Subject to regulatory approval, Wylie will be appointed as member of the Newton Board.

Wylie holds a BA in international relations and economics from Colgate University in New York and an MBA in Finance from Fuqua School of Business, Duke University in North Carolina.

Notes to Editors:

Newton is a London-based global asset management subsidiary of The Bank of New York Mellon Corporation and part of BNY Mellon. With assets under management of more than $85.6 billion (as at 31 December  2013) including assets managed by Newton Investment Management Limited as dual officers of Newton Capital Management Limited and The Bank of New York Mellon, Newton's group of affiliated companies provides a broad range of award-winning investment products and services to individuals, pension funds, charities and corporations. News and other information about Newton is available at www.newton.co.uk or follow us on Twitter @NewtonIM.

BNY Mellon Investment Management is one of the world's leading investment management organizations and one of the top U.S. wealth managers, with $1.6 trillion in assets under management. It encompasses BNY Mellon's affiliated investment management firms, wealth management services and global distribution companies. More information can be found at www.bnymellon.com.

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of December 31, 2013, BNY Mellon had $27.6 trillion in assets under custody and/or administration, and $1.6 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com, or follow us on Twitter @BNYMellon.

All information source BNY Mellon as of Dec. 31, 2013. This press release is qualified for issuance in the UK, Europe and US and is for information purposes only. It does not constitute an offer or solicitation of securities or investment services or an endorsement thereof in any jurisdiction or in any circumstance in which such offer or solicitation is unlawful or not authorized. Any views and opinions contained in this document are those of the author as at the date of issue; are subject to change and should not be taken as investment advice. BNYMAMI and its affiliates are not responsible for any subsequent investment advice given based on the information supplied. This press release is issued by BNY Mellon Investment Management (US) and BNY Mellon Asset Management International Limited (ex-US) to members of the financial press and media and the information contained herein should not be construed as investment advice.  Past performance is not a guide to future performance.  The value of investments and the income from them is not guaranteed and can fall as well as rise due to stock market and currency movements.  When you sell your investment you may get back less than you originally invested. Registered office of BNY Mellon Asset Management International Limited: BNY Mellon Centre, 160 Queen Victoria Street, London, EC4V 4LA. Registered in England no. 1118580. Authorized and regulated by the Financial Conduct Authority. A BNY Mellon Company.     

SOURCE BNY Mellon; Newton Capital Management