LONDON and NEW YORK, April 17, 2012 /PRNewswire/ -- BNY Mellon ARX Investimentos, the Brazilian investment specialist for BNY Mellon Asset Management, has been named winner of the Top Management Award in the equity category in Brazil for the second consecutive year by Standard & Poor's, the highly regarded ratings agency. The award will be published in a special edition of Valor Investe, a monthly magazine that is part of Brazil's most important business newspaper, Valor Economico.
BNY Mellon ARX demonstrated high quality in its investment process and investment management, and its managers achieved consistent average risk-adjusted performance to capture the award. In addition to winning the Standard & Poor's award for 2011, BNY Mellon ARX also was named as the top equity manager for 2011 by Exame, a leading publication which publishes an extensive survey of investment funds in Brazil, prepared by the Center for Studies in Finance at Fundacao Getulio Vargas (FGV).
Notes to Editors:
BNY Mellon ARX Investimentos, focused on asset management in Brazil, manages US$5.5 billion in active management in hedge, equity and fixed income strategies, with a diversified client base including high net worth, corporations, endowments and foundations. The various investment strategies and vehicles managed by BNY Mellon ARX that were the basis for the foregoing ratings and awards may not be offered or available in jurisdictions where this release is issued.
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 $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 (NYSE: BK). Additional information is available on www.bnymellon.com or follow us on Twitter@BNYMellon.
All information source BNY Mellon Asset Management at December 31, 2011. 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 Limited: 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 Company(SM)
SOURCE BNY Mellon