BNY Mellon Asset Management International triumphed at the Pensions and Investment Provider 2009 Awards in London last week. The Group won five key awards across differing categories.

Company to manage two global equity mandates on behalf of Japan's public pension fund, the Government Pension Investment Fund (GPIF).

Emerging market debt has outperformed by a wide margin U.S. high-yield bonds, emerging market and U.S. equities, and most other risky asset classes on a one, three, five, and 10- year basis. Yet, as a result of a bias toward investing at home as well as an equity-oriented culture, many institutional investors from the United States still tend to overlook this asset class, said Alexander Kozhemiakin, director of emerging market strategies for Standish Mellon Asset Management Company LLC, the fixed income specialist for BNY Mellon Asset Management.

Newton's Private Investment Management division last week won two major awards for Best Growth Wealth Manager and Best Wealth Manager for Charities at the Financial Times and Investors Chronicle Wealth Management Awards held in London.

Newton has announced that Newton Capital Management Limited, its business offering services in the U.S., has been awarded a new global equity mandate for Colorado Public Employees’ Retirement Association (PERA), the public pension fund for more than 400 government agencies and public entities in the State of Colorado. The mandate is the first state pension fund appointment for Newton since it launched its U.S. business in 2006.

Shogo Yamaguchi was appointed as Representative Director and President of our Japanese asset management subsidiary BNY Mellon Asset Management Japan Limited. David Jiang will remain as Chairman and Representative Director of BNY Mellon Asset Management Japan Limited.

Mellon Transition Management has announced the appointment of Tim Wilkinson and his team of transition management professionals to its award-winning global business.

As part of its European growth plans, BNY Mellon Asset Management, today announces the opening of an office in Paris. Anne-Laure Frischlander, Managing Director and Head of BNY Mellon Asset Management’s French operations, will lead the asset management sales team of five in this office. The core focus of the team will be to service existing clients in the French region and to generate new business opportunities for the organization.

The Bank of New York Mellon has again achieved industry recognition at the Global Pensions Awards 2009. At an awards ceremony in London, Mellon Transition Management, the transition management specialist for BNY Mellon Asset Management, was named “2009 Transition Manager of the Year” for the second successive year, and BNY Mellon Asset Servicing was named “Custodian of the Year”.

The Bank of New York Mellon received top industry recognition at Asia Asset Management magazine’s 2008 ‘Best of the Best’ Awards last night winning two accolades for asset management and asset servicing. BNY Mellon Asset Management was awarded the title of best asset manager in the Global Emerging Markets (MSCI Emerging Markets Index) category over three years, and BNY Mellon Asset Servicing was awarded the title of ‘Best Global Custodian’ in Asia.

BNY Mellon Asset Management received top industry recognition at the 2009 Lipper Fund Awards ceremony held in London last week, winning the highly acclaimed ‘Best Overall Group Lipper Award in the UK Equity Large Category’. This award follows hot on the heals of BNY Mellon Asset Management winning the Professional Adviser 2009 ‘Hot 100 - Best Fund Group’ (offering more that 15 retail funds) award in January.

BNY Mellon Asset Management received top industry recognition at the 2008 Morningstar Fund Awards 2008 (Hong Kong) yesterday, winning the "Non Dollar Bond" category for its BNY Mellon Euroland Bond Fund.

BNY Mellon Beta Management, part of BNY Mellon Asset Management, has announced that it has passed the milestone of $1 billion in assets under management. The business, which was launched in mid-2008, utilizes derivatives and futures to facilitate asset allocation shifts in portfolios that hold illiquid or hard-to-sell assets. It was launched to specifically help institutions facing asset allocation decisions during periods of market turmoil, and it has the ability to overlay existing assets of an institutional investor and change the asset allocation profile of the portfolio without requiring the sale of the underlying assets.

Funding ratios at the typical U.S. corporate pension plan slid more than 11 percentage points in December, after falling more than 13 percentage points in November, according to BNY Mellon Asset Management. The two double-digit declines resulted primarily from falling rates of longer-term high grade corporate bonds.

Ron O’Hanley, President & CEO of BNY Mellon Asset Management, served as the co-chair of the Conference and provided both a perspective on global financial markets and a focus on Asian markets.  Speaking about the markets, he provided historical context, talked about the current downturn, and provided a perspective on what happens beyond the financial crisis and how we might move forward in a recoupled world. The Conference aimed to serve as a cornerstone of a major new initiative to build, foster, and maintain deep innovation and talent partnerships among leaders in industry, universities, and government from the United States, China, and India.

Newton Investment Management Limited, part of BNY Mellon Asset Management, was today announced as the Global Equities Manager of the Year by Professional Pensions at its Specialist and Alternative Investment Managers Awards 2008.

URDANG, part of BNY Mellon Asset Management, has completed the sale of two business centers in Marietta, Georgia, totaling 619,628 square feet for $48 million to CCI-B Marietta, LLC, a partnership formed by Capital Commercial Investments, Inc.  The 14 multi-tenant buildings in the Atlanta suburb sold by Urdang Capital Management also house medical, retail and warehouse operations.

BNY Mellon Asset Management has named Jeffrey B. Saef director of multi-strategy investment solutions.  Saef, who reports to Phil Maisano, chief investment strategist, is responsible for developing integrated solutions for U.S. clients that combine investment strategies from the asset manager’s investment boutiques.

The Bank of New York Mellon today confirmed that it has been selected by the U.S. Department of the Treasury to provide a broad range of services to support the government's Troubled Asset Relief Program authorized under the Emergency Economic Stabilization Act. Treasury has hired the company to provide the accounting of record for the portfolio, hold all cash and assets in the portfolio, provide for pricing and asset valuation services and assist with other related services. The Bank of New York Mellon will serve as auction manager and conduct reverse auctions for the troubled assets.

The U.S. government announced that it is investing $250 billion in a broad range of financial institutions in an effort designed to restore confidence and stability in the world's financial markets. As the world's leading securities servicing and asset management firm, The Bank of New York Mellon will be part of the initial group of nine institutions in which the U.S. government is purchasing an equity stake.

BNY Mellon Asset Management has bolstered its client relationship team with the appointment of Simon Putt as Director, Head of UK Institutional Client Relationship Management.

Newton Investment Management has announced the appointment of Karen Clark as Director of Investment Management for its private client division.

The Bank of New York Mellon Corporation said today that as a result of recent market events, it will provide support to clients invested in money market mutual funds, cash sweep funds and similar collective funds impacted by the Lehman Brothers bankruptcy filing.

Standish, part of BNY Mellon Asset Management, is seeing increased interest in Standish Workout Solutions, a global corporate and structured finance advisory business launched in June that provides guidance to institutional investors in assessing the risk and value of mortgage and asset-backed securities, collateralized debt obligations (CDOs), structured investment vehicles (SIVs) and other structured and corporate finance investments.

The Bank of New York Mellon said today that because of its fiduciary role as a corporate trustee for Lehman debt issues, the company is on the seven-member creditors committee in Lehman's bankruptcy proceedings. The company has no outstanding loans to Lehman.

The Bank of New York Mellon's policy is not to comment on individual client relationships, but the Corporation is clarifying inaccurate information circulating in the marketplace regarding our association with Lehman Brothers.

The Bank has announced that the Spanish, Portugese and Andorran operations of BNY Mellon Asset Management and WestLB Mellon Asset Management are being integrated into one group.  Sasha Evers, Managing Director of BNY Mellon Asset Management Iberia, will lead this newly-formed Madrid-based team and represent the managers and products of both BNY Mellon Asset Management and WestLB Mellon Asset Management in Iberia.

Mellon Capital Management Corporation, a quantitative investment boutique, announced the launch of its newest strategy as it celebrates its 25th anniversary. Its newest strategy, Advanced Beta, invests in a broad range of global asset classes in an effort to enhance performance regardless of the economic environment. The strategy takes long positions in global equities, global fixed income, global inflation-linked securities, commodities and global real estate investment trusts (REITs).