Newton Triumphs at Key Institutional Awards
Success continues across three categories
London
12 May 2009
Newton Investment Management triumphed at the Pensions and Investment Provider 2009 Awards in London last week. The company won three key awards from a possible four nominations.
The Pensions and Investment Provider Awards recognises providers who have delivered excellent service to UK pension schemes over the previous 12 months. In the Investment Provider categories, Newton scooped three of the four awards for which it was short listed: Best Active European Equity (ex-UK), Best Active UK Equity and Best Asset Allocation (for its multi-asset investment capabilities).
Commenting on the awards, Helena Morrissey, chief executive officer of Newton, said:"Newton's solid investment process has ensured strong returns throughout diverse market environments over the last 30 years. Our thematic approach to investing has helped us navigate the difficult investment environment that we have found ourselves in over the last year. Our focus continues to be on identifying positive investment opportunities and delivering strong returns on behalf of our clients."
Newton's holistic approach of retaining perspective and focusing ideas through the use of themes has generated strong returns for investors.
Jeff Munroe, chief investment officer, comments:"Newton funds are different from the bulk of the competition. The flexibility and perspective offered by the single portfolio approach to investment has been key in a time of such market turmoil. In a challenging environment where the only certainty seems to be combined volatility, the flexibility to build single portfolios from a range of asset classes is extremely valuable."
Also recognised at the awards were BNY Mellon Asset Management, winning Best DC Provider (Investment only), and Mellon Transition Management, awarded Best Transition Manager in the Scheme Services categories.
Contact:
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Sarah Deutscher +44 (0) 20 7163 2744 |
Vee Montebello +44 (0) 20 7163 6286 |
Notes to editors:
Newton Investment Management Limited 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 $48 billion, including assets managed as dual officers for 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 .
Mellon Transition Management Services offers global transition management services designed to assist plans with their efforts to rebalance asset allocations, enter new investment strategies, or liquidate existing portfolios. Primary operations and trading desks are based in San Francisco and London.
BNY Mellon Asset Management is the umbrella organisation for The Bank of New York Mellon Corporation's affiliated investment management firms and global distribution companies.
The Bank of New York Mellon Corporation 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. The company 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 $19.5 trillion in assets under custody and administration, $881 billion in assets under management, services more than $11 trillion in outstanding debt and processes global payments averaging $1.8 trillion per day. Additional information is available at www.bnymellon.com .
All information source: BNY Mellon Asset Management International Limited as at 31/03/09. Not available or offered to U.S. investors. This press release is qualified for issuance in the UK only 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. Registered office: The Bank of New York Mellon Centre, 160 Queen Victoria Street, London, EC4V 4LA. Registered in England no. 1118580. Authorised and regulated by the Financial Services Authority
A Bank of New York Mellon CompanySM
