BNY Mellon ARX Investmentos Named Best Active Equity Manager for 2010 by Top Brazilian Business Magazine

BNY Mellon Asset Management Boutique Receives Top Honor from Exame

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Aug 23, 2010, 07:55 ET

LONDON and NEW YORK, Aug. 23 /PRNewswire-FirstCall/ -- BNY Mellon ARX Investmentos, the Brazilian investment specialist for BNY Mellon Asset Management, has been named active equity manager of the year by Exame, one of the most widely read Brazilian business magazines.

Exame publishes one of the most extensive surveys of investment funds in Brazil, which is prepared by the Center for Studies in Finance at Fundacao Getulio Vargas (FGV). It is a guide to personal investment that encompasses a ranking of 1,000 investment funds. The funds can be sorted by type (equities, fixed income and multi-market, for example), by minimum initial investment and by asset manager.

In choosing the winning active equity manager, Exame quantitatively evaluated the performance of 208 active equity funds domiciled in Brazil that meet the magazine's requirements for market capitalization and other criteria.

"We are pleased that a respected institution such as Exame has recognized the performance of our active equity funds," said Jose Tovar, managing director of BNY Mellon ARX. "The depth and expertise of our investment team has generated impressive results over an extended period of time, winning the publication's award in 2005 and 2006. We have continued in our success since becoming part of BNY Mellon in 2008 and once again achieved this honor for our performance in 2010."

Notes to Editors:

BNY Mellon ARX Investmentos, focused on asset management in Brazil, manages US$6.2 billion in active management in hedge, equity and fixed income strategies, with a diversified client base including high net worth, corporations, endowments and foundations.

BNY Mellon Asset Management is the umbrella organization for BNY Mellon's affiliated investment management firms and global distribution companies.

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, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $21.8 trillion in assets under custody and administration and $1.0 trillion in assets under management, services $11.6 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 (NYSE: BK). Additional information is available at www.bnymellon.com.

All information source BNY Mellon Asset Management at June 30, 2010. 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 authorised. This press release is issued by BNY Mellon Asset 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. Registered office of BNY Mellon Asset Management International: 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

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SOURCE BNY Mellon