BNY Mellon and Newton Investment Management Pull Together for Cancer Research UK
In a world first, BNY Mellon and Newton Investment Management, sponsors of The Boat Races, have donated their title sponsorship of the annual challenge between Oxford and Cambridge Universities to Cancer Research UK (CRUK), the official charity partner.
In January 2016, the two companies launched their ‘Pull Together’ campaign – committing to raising awareness for the charity, and the event became known as The Cancer Research UK Boat Races.
Curtis Arledge, Vice Chairman of BNY Mellon and CEO of Investment Management, commented: “We are committed to ensuring our sponsorship of The Boat Races reflects our focus on meaningful investments, especially when we can leverage our sponsorship to further effect change. We are proud to be working with Cancer Research UK, whose work touches the lives of so many.
“We have the opportunity to be a sponsorship partner that genuinely changes people’s lives for the better through sport. Just as the four crews from Oxford and Cambridge will pull together to battle for glory on the water, BNY Mellon, Newton Investment Management and Cancer Research UK are pulling together to fight cancer.”
Helena Morrissey, Chief Executive Officer of Newton Investment Management, added: “We are delighted to be trailblazing a whole new model for corporate sponsorship. Last year we made history by bringing The Women’s Boat Race to the Tideway alongside the men for the first time, and we’ve made waves again this year with our decision to donate our headline sponsorship of both Races to Cancer Research UK.
“The role of business in society is clear: in addition to performing well for customers and shareholders, we can and must use our resources to help solve difficult problems. We hope that what we are doing here will encourage other companies around the world to follow suit and that together, we can make a genuine difference.”
Follow @PullTogether and search #PullTogether on Twitter to find out more about what we’ve been doing to support Cancer Research UK and see how you can get involved.
About BNY Mellon
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.
The company 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 $26.6 trillion assets under custody and administration and £1.3 trillion in assets under management, services $11.9 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.
About Newton Investment Management
Newton Investment Management is a London-based global asset management firm, and a wholly-owned subsidiary of The Bank of New York Mellon Corporation. With assets under management of £51.3 billion (as at 30 September 2014), Newton provides investment products and services to a wide range of clients, including pension funds, charities, corporations and (via BNY Mellon) individuals.
Newton has expertise in a range of disciplines, including:
• Income-focused strategies
• Portfolios with absolute-return objectives
• Active bond, equity and multi-asset strategies