BNY Mellon wins absolute return award
Newton Real Return Fund best in class at Moneyfacts awards
London
18 October 2011
Newton Investment Management, part of BNY Mellon Asset Management continues to be recognized for its excellence in the asset management industry by being awarded Best Absolute Return fund provider at the 2011 Investment Life & Pensions Moneyfacts awards.
At the awards ceremony recently held in London, the judges voted the Newton Real Return Fund the best absolute return product within its class based on the feedback from the financial adviser community and a rigorous product monitoring process carried out by a specialist research team at Moneyfacts throughout the preceding year.
With over 25 years of investment experience, the Newton Real Return Fund manager, industry veteran Iain Stewart remains confident in the core holdings in company shares, and is using the protection of currency and derivative positions to enable the Fund to weather what is becoming an increasingly challenging investment environment.
Helena Morrissey, chief executive officer for Newton comments: "Obtaining such a prestigious accolade is a great credit to the hard work the fund manager and the investment teams put in to continue to generate positive investment opportunities whilst providing excellent levels of service to our clients.
Notes to editors:
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 £47 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 one of the world's leading asset management organizations, encompassing BNY Mellon's affiliated investment management firms and global distribution companies. Information about BNY Mellon Asset Management can be found at www.bnymellonam.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 $26.3 trillion in assets under custody and administration and $1.3 trillion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.7 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available at www.bnymellon.com and through www.twitter.com/bnymellon.
*'Newton' refers to the following group of affiliated companies: Newton Investment Management Limited, Newton Capital Management Limited, Newton International Investment Management Limited, Newton Capital Management LLC and Newton Fund Managers (CI) Limited. Assets under management include assets managed by all of these companies except Newton Capital Management LLC, which provides marketing services in the U.S. for Newton Capital Management Limited. Except for Newton Capital Management LLC and Newton Capital Management Limited, none of the other Newton companies offer services in the US and Canada. Newton Capital Management Limited is registered in the United States as an investment adviser under the Investment Advisers Act of 1940. Unless otherwise stated, all information source BNY Mellon Asset Management as at 30th June. This press release is qualified for issuance in the UK 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 International Limited 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 CompanySM
