Will Lead Performance and Risk Analysis to Support Oversight of Asset Managers

NEW YORK AND LONDON, May 9, 2013 — BNY Mellon Investment Management has named Bruce Feibel as head of performance analytics with responsibility for leading performance and risk analysis processes to support oversight of BNY Mellon’s investment managers. In this newly created position, Feibel reports to Cynthia Steer, head of manager research and investment solutions.

“Bruce will play a key role as we strive to deliver outstanding investment performance for our clients,” said Steer. “He will lead our efforts to analyze the factors that drive returns and create risks for BNY Mellon’s investment strategies and portfolios.”

“Our aim is to ensure that the senior managers across our investment management business fully appreciate the factors impacting investment performance,” said Feibel. “We will continue to enhance BNY Mellon’s technology infrastructure to maximize our ability to measure and assess investment performance so we can best serve our clients.”

Feibel has been with BNY Mellon since 1999, most recently as head of strategy for the Investment Services global financial business. Earlier in his career, Feibel worked at State Street Global Advisors, where he was responsible for providing performance measurement services to the marketing, portfolio management and client services teams.

Feibel serves on the editorial board of the Journal of Performance Measurement and is a member of the CFA Institute GIPS Standards Risk Management Working Group. He wrote Investment Performance Measurement and co-authored Complying with the Global Investment Performance Standards.

Feibel received his bachelor’s degree from the University of Florida and holds the designation of chartered financial analyst.

BNY Mellon Investment Management is one of the world's leading investment management organizations and one of the top U.S. wealth managers, with $1.4 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 investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 36 countries and more than 100 markets. As of March 31, 2013, BNY Mellon had $26.3 trillion in assets under custody and/or administration, and $1.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. 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.

All information source BNY Mellon as of March 31, 2013. 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 authorized. This press release is issued by BNY Mellon Investment 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. The value of investments and the income from them is not guaranteed and can fall as well as rise due to stock market and currency movements. When you sell your investment you may get back less than you originally invested. Registered office of BNY Mellon Asset Management International Limited: BNY Mellon Centre, 160 Queen Victoria Street, London, EC4V 4LA. Registered in England no. 1118580. Authorized and regulated by the Financial Services Authority. A BNY Mellon Company