Newton strengthens institutional account management team

PRNewswire
LONDON
(NYSE:BK)
May 26, 2009

Susan Gostick joins the team

LONDON, 26 May 2009 — Newton Investment Management, part of BNY Mellon Asset Management, has appointed Susan Gostick as head of its institutional account management team.

Gostick has over 20 years of investment and pensions experience. She joined Newton from Lazard Asset Management where she was director - institutions, responsible for a broad range of clients including pension plans, corporations, sovereign wealth funds and charities in the UK, Europe and Middle East.

Previous experience includes Merrill Lynch Investment Management where she was a director and senior relationship manager, and Noble Lowndes where she was a senior pensions consultant. Gostick will be responsible for a number of Newton’s key institutional relationships and will be based in London.

Commenting on the appointment, Matt Duncan, head of business strategy at Newton said: “We are delighted to have Susan as part of our team. Her wealth of institutional experience will be invaluable to us as we continue to build and improve our institutional client service offering.”

Newton has been managing equity and fixed income mandates for over 30 years. The company currently manages approximately £34bn on behalf of clients globally.

Newton Investment Management Limited is a London-based global asset management subsidiary of The Bank of New York Mellon Corporation and part of BNY Mellon Asset Management. With assets under management of approximately £34 billion, including assets managed as dual officers for The Bank of New York Mellon, the company 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.

The Bank of New York Mellon Corporation is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $19.5 trillion in assets under custody and administration, $881 billion in assets under management, services more than $11 trillion in outstanding debt and processes global payments averaging $1.8 trillion per day. Additional information is available at www.bnymellon.com.

All information source: BNY Mellon Asset Management International Limited as at 31/03/09. This press release is qualified for issuance in the UK only 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 authorised. Not available or offered to U.S. investors. This press release is issued by BNY Mellon Asset Management International Limited to members of the financial press and media and the information contained herein should not be construed as investment advice. Registered office: The Bank of New York Mellon Centre, 160 Queen Victoria Street, London, EC4V 4LA. Registered in England no. 1118580. Authorised and regulated by the Financial Services Authority
A Bank of New York Mellon Company(SM)