Standish winner of Best Eurozone Fixed Income Manager Award

BOSTON and LONDON, April 27, 2010 — Standish Mellon Asset Management Company LLC, the fixed income specialist for BNY Mellon Asset Management, was named Best Eurozone Fixed Income Manager this week in Asia Investor magazine's 2010 Investment Performance Awards for institutional funds management.

Desmond MacIntyre, president and chief executive officer of Standish, said: "Asia Pacific investors are increasing their exposure to regional and specialty fixed income strategies as they review their strategic asset allocation following an improvement in the outlook for the global economy. Standish believes that, going forward, growth differentials and relative value will start to matter once more. Our strong background in fundamental credit research, coupled with dynamic sector allocation, will continue to allow our clients to benefit from opportunities as they are discovered."

"We are very pleased to be recognized for our specialist Eurozone fixed income expertise. Our clients are looking for stability and continuity of returns across market cycles, and that is what we offer clients," commented David Leduc, managing director of global fixed income, and senior portfolio manager at Standish. "Our investment insights and team-based process, coupled with local client service through BNY Mellon Asset Management, is proving to be a very compelling offering to investors."

In January 2010, Standish was named Asset Manager of the Year in the Global Bonds category over three and five years in Asia Asset Management magazine's 2009 'Best of the Best' Awards.  

Standish Mellon Asset Management Company LLC, with $66 billion of discretionary assets under management and a further $29 billion of advisory / non-discretionary assets through its Global Workout Solutions business, provides investment management services across a broad spectrum of US, global and regional fixed income asset classes. These include Sovereign bonds (nominal and inflation linked), corporate bonds (investment-grade and high-yield), emerging markets debt ($-denominated and local currency), and opportunistic strategies.   The firm also includes assets managed by Standish personnel acting as dual officers of The Dreyfus Corporation and The Bank of New York Mellon, each a subsidiary of The Bank of New York Mellon Corporation. Additional information is available at www.standish.com.

BNY Mellon Asset Management is the umbrella organisation 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 (NYSE: BK). 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.

All information source BNY Mellon Asset Management as at 31/03/10. This press release is qualified for issuance in the UK 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 authorised. This press release is issued by BNY Mellon Asset 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. Registered office of BNY Mellon Asset Management International: BNY Mellon Centre, 160 Queen Victoria Street, London, EC4V 4LA. Registered in England no. 1118580. Authorised and regulated by the Financial Services Authority
A BNY Mellon Company(SM)