NEW YORK and BOSTON, Oct. 15, 2015 /PRNewswire/ -- BNY Mellon, a global leader in investment management and investment services, is proud to be the Presenting Sponsor of this weekend's Head Of The Charles Regatta for the third consecutive year and is equally delighted to support this iconic New England event now in its fifty-first year. The Regatta, will be held this Saturday, October 17th and Sunday, October 18th along the Charles River between Cambridge and Boston.
"For decades, athletes competing in the Head Of The Charles Regatta have exemplified the values we hold strong within our company—collaboration, hard work and dedication—and we commend the sacrifice and excellence put forward by every competitor in the race," said BNY Mellon Investment Management CEO Curtis Arledge. "Each year we look forward to hosting the domestic and international rowing community and its supporters in Boston and celebrating the deep tradition of the Regatta."
This year, for the first time, BNY Mellon is also entering its own team of rowers in the competition. The team is composed of BNY Mellon employees from around the world and is scheduled to compete in the Club Eights category on Saturday afternoon. Crew members come from BNY Mellon Investment Management and Wealth Management, as well as several of the company's investment management boutiques, including Boston-based Standish Mellon Asset Management.
Arledge continued, "We are delighted that our international team of BNY Mellon employees is rowing in the Regatta and we are inspired by their motivation to compete in this challenging event. We wish our colleagues the best of luck and many of us will be there to cheer them on in the race."
The Regatta will bring more than 600 universities, colleges and schools to the Boston area, home of BNY Mellon Wealth Management, Investment Services, Investment Management, and several of BNY Mellon Investment Management's investment boutiques. The competition will include Olympic, youth, club and collegiate athletes from across the United States and around the world, and it is expected to bring up to 400,000 fans to the banks of the river during the weekend.
In addition to the financial support for the race as its premier sponsor, BNY Mellon will once again present the BNY Mellon Championship Cups to the top men's and women's Championship Eights collegiate winners at the conclusion of the two-day event.
Frederick V. Schoch, Executive Director of the Regatta, said, "We are deeply grateful that BNY Mellon continues to be part of the Head Of The Charles. The Regatta is a cherished Boston tradition, and BNY Mellon's sponsorship of the race weekend adds further luster to that legacy. This sponsorship is not only a boon for our race, but really for the City of Boston as a whole."
For more information about the event and to learn more from the BNY Mellon team participating, visit bnymellon.com and follow us @BNYMellon and @BNYMellonWealth.
ABOUT BNY MELLON
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, 2015, BNY Mellon had $28.6 trillion in assets under custody and/or administration, and $1.7 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. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.
All information source BNY Mellon as of June 30, 2015. This press release is qualified for issuance in the US only 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 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. A BNY Mellon Company.
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