BNY Mellon Investment Boutique Adds to Global Asset Allocation Team

SAN FRANCISCO, April 21, 2010 — Mellon Capital Management Corporation, part of BNY Mellon Asset Management, has named Anjun Zhou as managing director, head of asset allocation research, where she will focus on research to further improve investment strategies and risk controls for Mellon Capital's Global Asset Allocation strategies. She reports to Jeff Zhang, managing director and head of multi-strategy at Mellon Capital.

"We are pleased to welcome Anjun, who has extensive experience in global macro strategies," said Zhang. "She will provide strong leadership for the asset allocation research group as it continues to enhance existing strategies and develop new ones."

Zhou joined Mellon Capital from Morgan Stanley Investment Management, where she was executive director of global macro and asset allocation and a portfolio manager. Previously, she was vice president at Deutsche Asset Management and a principal at State Street Global Advisors. She was awarded her PhD in finance at the University of Illinois at Urbana-Champaign- College of Business and her bachelor's and master's at Beijing University.

Founded in 1983 by innovators in the investment management field, Mellon Capital Management Corporation applies a disciplined and analytical approach to global investment management strategies. As of March 31, 2010, the firm had $184.4 billion in assets under management, including assets managed by dual officers of Mellon Capital Management Corporation , The Bank of New York Mellon and The Dreyfus Corporation, and $9.6 billion in overlay strategies. Additional information about Mellon Capital is available at www.mcm.com. It is part of BNY Mellon Asset Management, one of the world's largest asset managers.

BNY Mellon Asset Management is the umbrella organization for BNY Mellon's affiliated investment management firms and global distribution companies.

BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. BNY Mellon 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. BNY Mellon 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 $22.4 trillion in assets under custody and administration, $1.1 trillion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.5 trillion per day. Additional information is available at www.bnymellon.com.

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