BNY Mellon announced as new Boat Race title sponsor
Newton Women's Boat Race moves to historic Thames course; brings parity to iconic event
8 February 2012
The Boat Race Company Ltd. (BRCL) is delighted to announce BNY Mellon as the new Title Partner of The Boat Race. BNY Mellon is a global leader in investment management and investment servicing, with more than 5,600 employees in the UK and 49,000 worldwide. The five year agreement will commence on 1st May 2012, with the 2013 Race formally titled as The BNY Mellon Boat Race. At the same time, Newton, a BNY Mellon company and one of the UK's leading investment firms, will continue their sponsorship of the openweight Women's Boat Clubs in a joint initiative that will bring the Newton Women's Boat Race to the Thames in 2015 to race on the same day and the same course as The Boat Race.
Over 300,000 people watch the Race from the riverside and the event is shown live on BBC TV as well as being transmitted to over 200 countries around the world. These partnerships will ensure that the Race continues to grow as one of the UK's most iconic sporting events, while at the same time providing sustainable high performance programmes for both the men's and women's Boat Clubs.
The announcement of the new sponsorship was made this morning at a press conference at Somerset House, and heralds a new and exciting phase in the development of The Boat Race and in bringing gender equality in sport.
Commenting on the announcement, Robert Gillespie, Chairman of BRCL, said "We are delighted to announce BNY Mellon as our new Title Partner. In BNY Mellon we have a sponsor who values the history and heritage of the Race but is also committed to enhancing the event's appeal to a UK and global audience. Newton has provided incredible support in the development of the Women's Boat Clubs over the past two years and we are very excited about the prospect of the Women's Boat Race coming to London in 2015. We are greatly looking forward to working together with both BNY Mellon and Newton to further enhance and develop the event."
Gerald L. Hassell, chairman, president and chief executive officer of BNY Mellon, said, "The Boat Race is one of the world's most famous sporting events with a rich heritage, and it is a great privilege and pleasure for BNY Mellon to be the title partner. In addition, we are pleased that Newton's continued support of the women's race is to bring parity to the sport. Being able to bring the women's race to the same stretch of river on the same day for the first time is a significant milestone, and will enhance the experience for everyone. This is good for rowing, for gender equality, and for sport as a whole."
Contact:
For further information please contact Maria O'Connor at Professional Sports Group on 01276 858930 or
Notes to editors:
About The Boat Race
The Boat Race is a major London event which takes place on the River Thames over 4¼ miles between Putney and Mortlake in the University Easter holidays. The first Race took place in 1829 and it has been held every year since 1856 with the exception of the two World Wars. The current score between the two Universities is Cambridge 80, Oxford 76 with one dead heat.
About The Women's Boat Race
The first Women's Boat Race took place in 1927 in the form of a time and style contest. Since then, the Oxford and Cambridge University Women's Boat Clubs compete annually in the Henley Boat Races, a side-by-side race along a 2-kilometre stretch in Henley on Thames.
http://www.henleyboatraces.com/.
About BNY Mellon
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 $25.8 trillion in assets under custody and administration and $1.26 trillion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.5 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 www.twitter.com/bnymellon.
About Newton
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 £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.
*'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 (C.I.) 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 31 December 2011. This press release is qualified for issuance in the UK, US and Canada 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 (US & Canada) and BNY Mellon Asset Management International Limited (ex-US/Canada) 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
