Newton Asia-Pacific Team Scoops Industry Award

Jun 28, 2012

BNY Mellon investment manager continues to receive industry recognition

LONDON and NEW YORK, 28 June 2012 — BNY Mellon is proud to announce that Newton*, one of its investment management boutiques, was named the winner of the Active Asia-Pacific Equity category at the FT Business Pension and Investment Provider 2012 Awards, held in London in May.

This award recognises the achievements of the Newton Asia-Pacific Income strategy which is managed by Jason Pidcock and team. The Newton Asia-Pacific Income strategy has outperformed a comparative index¹ and produced a positive return over one, three and five years and since inception². Managing £4.3 billion in Asian (ex Japan) dedicated equity portfolios, and having £6.4 billion invested in Asia-Pacific (excluding Japan) equities as a house, Newton caters to a range of objectives by offering an Asia-Pacific Income (ex Japan) strategy alongside an Asia-Pacific (ex Japan) Core Higher Growth strategy. Newton believes the experience that comes with managing an income fund for lengthy time periods gives a unique advantage when seeking to select companies that seek to consistently deliver and grow their dividends. The Asia-Pacific Income strategy is available through Newton Capital Management Limited in the US.*

The FT Pension and Investment awards combines the forces of both Pensions Week and SchemeXpert. The awards seek to recognise excellence in providers of products and services to UK occupational pensions schemes. The four key criteria used to adjudicate the awards are performance, innovation, service standards and competitive edge.

Jason Pidcock, Investment Leader – Asia-Pacific Equities, at Newton* comments: “This award confirms our belief that Newton is highly regarded in the investment management industry for delivering solid performance across its Asia-Pacific equity investment strategies³. A key element to our success is the synergies that exist between us and Newton’s global managers and analysts. This partnership helps us disseminate what we believe to be focused and expert research to ensure that best ideas are included in our portfolios. The global investment themes are another defining feature of our investment approach. Indeed, many of the themes have enhanced relevance to Asia, such as ‘Population Dynamics’.”

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 £45.9 billion, 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 $1.3 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 financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team. It has $26.6 trillion in assets under custody and administration and $1.3 trillion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.4 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Additional information is available on www.bnymellon.com or follow us on Twitter @BNYMellon.