September 07, 2012

Newton to Provide UK Charity Trustee Training


BNY Mellon investment boutique provides ongoing support to UK charity industry

LONDON , 07 September 2012 — Newton*, the global thematic investment manager for BNY Mellon, announced plans to run a training session specifically designed for the UK charity sector in London on 2 October 2012. New and existing charity trustees seeking to improve their knowledge, as well as those who would welcome a refresher, are likely to find this session of interest. The event will be run in conjunction with UK legal firm, Stone King Solicitors.

Andrew Pitt, Head of Charities at Newton comments: "Managing a fund effectively in the current economic and regulatory climate is challenging. The complexity in today's markets requires trustees to have a knowledge and understanding of investment issues as they relate to charities. These requirements continue to make the role of a trustee ever more demanding. With that in mind, Newton is pleased to offer this session to help charity trustees and others who are interested in investment related issues to gain further information."

The half-day session will include the following topics:

  • Introduction to the main asset classes
  • Basic rules for long term investors
  • The legal requirements for charity trustees
  • Developing an investment policy
  • The relationship between risk and return
  • The considerations when choosing an investment manager
  • Investment outlook.

Managing £4.3bn of assets for over 300 UK charities, Newton is recognised in the UK as being one of the largest managers of charity assets¹. Newton's Charities Business team has extensive experience in managing portfolios for charities and other specialist institutions. All investment mandates are managed in line with Newton’s distinct global thematic investment process, which harnesses Newton’s substantial in-house research. With many members of the Charities Business team themselves being charity trustees, Newton is highly aware of the increasing demands placed upon charities and offers a comprehensive trustee education programme.

The training will take place at Newton Investment Management, BNY Mellon Centre, 160 Queen Victoria Street, EC4V 4LA and will run from 1230 to 1730 hours and will be followed by drinks and canapés. Full details of the training session can be found at www.newton.co.uk.

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.

Newton* is a London-based global asset management subsidiary of The Bank of New York Mellon Corporation and part of BNY Mellon. With assets under management of more than £47.5 billion, including assets managed by Newton Investment Management Limited as dual officers of Newton Capital Management Limited and The Bank of New York Mellon, Newton's group of affiliated companies provides a broad range of award-winning investment products and services to individuals, pension funds, charities and corporations. News and other information about Newton is available at www.newton.co.uk or follow us on Twitter @NewtonIM.

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. Additional information is available on www.bnymellon.com or follow us on Twitter @BNYMellon.

¹Source Charity Finance Magazine, November 2011. Unless otherwise stated, all other information source BNY Mellon Investment Management as at 30 June 2012. ‘Newton’ refers to the following group of affiliated companies: Newton Investment Management Limited, Newton Capital Management Limited (NCM), Newton Capital Management LLC, Newton International Investment Management Limited and Newton Fund Managers (C.I.) Limited. NCM LLC personnel are supervised persons of NCM Ltd and NCM LLC does not provide investment advice, all of which is conducted by NCM Ltd. Except for Newton Capital Management LLC and Newton Capital Management Limited, none of the other Newton companies offer services in the U.S. In addition, AUM for the Firm may include assets managed by the firm’s officers as dual officers or employees of The Bank of New York Mellon and assets of wrap fee account(s) and high net worth client model(s) for which Newton Capital Management Limited provides advice in the form of non-discretionary model portfolios. This press release is qualified for issuance in the UK 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 International Limited to members of the financial press and media and the information contained herein should not be construed as investment advice. 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.