LONDON and NEW YORK, Oct. 9, 2012 /PRNewswire/ -- BNY Mellon ARX Investimentos, the Brazilian investment manager for BNY Mellon, has been named active equity manager of the year for the third consecutive 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. The survey, prepared by the Center for Studies in Finance at Fundacao Getulio Vargas (FGV), is an investment guide that evaluates the performances of investment funds in the past 12 months and their risk levels.
"Exame, a highly respected publication, has recognized the performance of our active equity funds for 2010, 2011 and 2012," 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."
Notes to Editors:
BNY Mellon ARX Investimentos, focused on asset management in Brazil, manages US$5.7 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 Investment Management is one of the world's leading investment management organizations and one of the top U.S. wealth managers, with $1.3 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 $27.1 trillion in assets under custody and administration and $1.3 trillion in assets under management, services $11.5 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 as of June 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