Mellon Capital Becomes Signatory to UN-Backed Principles for Responsible
BNY Mellon Investment Boutique Emphasizes Commitment to Incorporating
Environmental, Social and Corporate Governance Issues into Investment Process
NEW YORK and LONDON, Aug. 20, 2013
NEW YORK and LONDON, Aug. 20, 2013 /PRNewswire/ --Mellon Capital Management,
a multi-asset manager forBNY Mellon, has become a signatory to the United
Nations-Backed Principles for Responsible Investment (UN PRI), underlining its
commitment to incorporating environmental, social and governance (ESG) issues
into its investment processes.
Mellon Capital manages $30.4 billion in socially responsible investing (SRI)
and ESG mandates on behalf of its clients.
"Our clients and colleagues are interested in how ESG issues impact our world
and the economy," said Gabriela Parcella, chief executive officer of Mellon
Capital. "Becoming a signatory to UN PRI signals our commitment to remain
focused on these long term risks."
The Principles for Responsible Investment are designed to focus on long-term
outcomes instead of short-term gains for business, with the intention of
improving the balance between society's present needs and the shrinking
natural resources that will support future generations.
"Understanding and anticipating risks is essential to making prudent
investment decisions," Parcella added. "We believe considering ESG issues
enhances our ability to generate attractive risk-adjusted returns for our
"Including Mellon Capital, there are now six BNY Mellon investment boutiques
which have become UN PRI signatories," said Mitchell E. Harris, president of
BNY Mellon Investment Management. "ESG factors may influence long-term
returns. They no longer are a niche studied only by sustainable investment
In addition to Mellon Capital Management, Standish Mellon Asset Management,
Siguler-Guff, Newton Investment Management, Insight Investment, and Meriten
Investment Management represent the BNY Mellon investment boutiques that are
also UN PRI signatories. Overall, BNY Mellon's corporate social
responsibility program has been recognized globally for its strong commitment
to the company's stakeholders, to the integrity of the financial markets and
to the communities it serves.
Notes to Editors:
Founded in 1983 by innovators in the investment management field, Mellon
Capital Management Corporation applies a disciplined and analytical approach
to global investment management strategies. As of June 30, 2013, the firm had
$313.0 billion in assets under management, including assets managed by dual
officers of Mellon Capital Management Corporation, The Bank of New York Mellon
and The Dreyfus Corporation, and $6.4 billion in overlay strategies.
Additional information about Mellon Capital is available at www.mcm.com.
Mellon Capital Management Corporation, Standish Mellon Asset Management
Company, LLC, Newton Investment Management Limited, Insight Investment
Management (Global) Limited, Insight Investment Funds Management Limited, and
Meriten Investment Management GmbH are wholly owned subsidiaries of The Bank
of New York Mellon Corporation.
BNY Mellon owns a 20% interest in Siguler Guff & Company, LP and certain
related entities (including Siguler Guff Advisers, LLC).
Insight Investment Management (Global) Limited, Insight Investment Funds
Management Limited and Meriten Investment Management GmbH do not offer
services in the U.S.
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 investments company dedicated to helping its clients
manage and service their financial assets throughout the investment lifecycle.
Whether providing financial services for institutions, corporations or
individual investors, BNY Mellon delivers informed investment management and
investment services in 35 countries and more than 100 markets. As of June 30,
2013, BNY Mellon had $26.2 trillion in assets under custody and/or
administration, and $1.4 trillion in assets under management. BNY Mellon can
act as a single point of contact for clients looking to create, trade, hold,
manage, service, distribute or restructure investments. 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
All information source BNY Mellon as of June 30, 2013. 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 Conduct
Authority. A BNY Mellon Company.
SOURCE BNY Mellon
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