Standish Names Federico Garcia Zamora Senior Portfolio Manager, Currency Strategies

   Standish Names Federico Garcia Zamora Senior Portfolio Manager, Currency
                                  Strategies

BNY Mellon Investment Manager Will Launch Currency Absolute Return Strategy

PR Newswire

NEW YORK and LONDON, Dec. 3, 2012

NEW YORK and LONDON, Dec. 3, 2012 /PRNewswire/ -- Standish Mellon Asset
Management Company LLC, the Boston-based fixed income specialist for BNY
Mellon, has hired Federico Garcia Zamora as senior portfolio manager of
currency strategies, with responsibility for making investment recommendations
in global currencies for single sector and multi-sector fixed income
strategies.

He also will be responsible for managing Standish's soon-to-be-launched
currency absolute return strategies. In this newly created position, Garcia
Zamora reports to David Leduc, chief investment officer, Standish.

Garcia Zamora had been a co-manager of the international fixed income, global
fixed income and strategic inflation opportunities funds at American Century
Investments and previously was a currency strategist and portfolio manager at
Lehman Brothers Asset Management.He received his MBA from Columbia Business
School and has a master's degree in finance from Universidad de Buenos Aires.

"Federico has extensive experience developing and implementing currency and
currency overlay strategies using both quantitative and fundamental investment
approaches," said Leduc. "He joins our growing team of experienced investment
professionals supporting our global, emerging, opportunistic and absolute
return investment strategies."

"In the current low-interest-rate environment, our clients need creative
solutions to provide both income and attractive risk adjusted total returns,"
said Des Mac Intyre, Standish's chairman and chief executive officer, "Our
expansion into currency absolute return strategies is a natural progression
for Standish and expands our ability to create additional returns for our
clients."

Notes to Editors:

Standish Mellon Asset Management Company LLC, with approximately $104 billion
of assets under management, provides investment management services across a
broad spectrum of fixed income asset classes. These include corporate credit
(investment-grade and high-yield), emerging markets debt (dollar-denominated
and local currency), core / core plus and opportunistic (U.S. and global)
strategies. Standish also offers full service capabilities in insurance and
liability driven investing. The firm also includes assets managed by Standish
personnel acting as dual officers of The Dreyfus Corporation and The Bank of
New York Mellon.

BNY Mellon Investment Management is one of the world's leading investment
management organizations and one of the top U.S. wealth managers, with $1.4
trillion in assets under management. It encompasses BNY Mellon's affiliated
investment management firms, wealth management services and global
distribution companies. More information can be found at www.bnymellon.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 $27.9 trillion in assets under custody
and administration and $1.4 trillion in assets under management, services
$11.6 trillion in outstanding debt and processes global payments averaging
$1.4 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 at September 30, 2012. 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
authorized. This press release is issued by BNY Mellon Investment 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. The value of investments and the income from them is not
guaranteed and can fall as well as rise due to stock market and currency
movements. When you sell your investment you may get back less than you
originally invested. Registered office of BNY Mellon Asset Management
International Limited: BNY Mellon Centre, 160 Queen Victoria Street, London,
EC4V 4LA. Registered in England no. 1118580. Authorized and regulated by the
Financial Services Authority. A BNY Mellon Company

SOURCE BNY Mellon

Website: http://www.bnymellon.com
Contact: Mike Dunn, +1 212 922 7859, mike.g.dunn@bnymellon.com or Sarah
Deutscher, +44 20 7163 2744, sarah.deutscher@bnymellon.com