Winning 'Wealth Manager for Charity Award' for second consecutive year

LONDON, 11 May 2010 — Newton Investment Management was announced as winner of the 'Wealth Manager for Charities Award' for the second year running at the Financial Times/Investors Chronicle Wealth Management Awards held in London last week.

The Financial Times and Investors Chronicle Wealth Management Awards recognise the very best of wealth management in the UK. They are voted for by readers of the Financial Times and Investors Chronicle, and a select panel of judges. The aim is to identify the best wealth and investment managers available to investors in the UK by asking their clients to rate the service they receive, by comparing performance and by interviewing managers.

Newton is a specialist in both segregated and pooled investment management services for charities. The managers in Newton's specialist charity team have an average of more than 20 years experience in the management of charitable funds and, in many cases, are trustees of charities in their own right. Charity fund managers and a specialist client services team are to be found in the company's London headquarters and in Newton's offices in Leeds and Edinburgh.

Helena Morrissey, Chief Executive Officer at Newton said: "Winning this award for a second year is great news. We believe that this is testament to the great efforts over the past few years of our specialist charities team. Our continued focus on achieving strong performance and delivering excellent client service for our investors has again been recognised by the marketplace."

Newton focuses its expertise and experience towards meeting each charity's specific investment goals and requirements, by making use of Newton's global, thematic approach to investment. Each charity has a different investment requirement; consequently, Newton manages a wide range of portfolios with different risk profiles, return objectives and income yields. Additionally, a bespoke service with an ethical investment policy is offered. Newton uses a combination of direct investment and pooled funds, as appropriate, to achieve the chosen investment objectives.

Ruth Murphy, the head of business development for Newton's charities business, commented: "Our appeal to UK charities stems from our focus on maintaining the performance and service standards expected of a focused investment manager who is serious about the management of charities assets. We have invested in our London, Leeds and Edinburgh offices to ensure idea sharing and a comprehensive understanding of charities as clients throughout the regions. Our position in the market demonstrates that our approach continues to be valued by charity investors."

Newton is part of BNY Mellon Asset Management

Newton* 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 more than $67 billion, including assets managed by Newton Investment Management 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.

BNY Mellon Asset Management is the umbrella organisation for BNY Mellon's affiliated investment management firms and global distribution companies. Information about BNY Mellon Asset Management is available at www.bnymellonam.com.

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.