BNY Mellon wins Commonwealth Bank mandate
Newton Investment Management, part of BNY Mellon Investment Management, has been awarded a mandate from Commonwealth Bank Group Superannuation scheme.
Newton’s Global Real Return strategy applies a multi-asset approach while investing in traditional assets such as equities, bonds and selective alternative securities.
BNY Mellon investment Management Australia’s country head, Phil Filippelis, said: “Newton’s Global Real Return strategy balances the need for outcome based solutions with capital preservation, two important characteristics investors are seeking in these uncertain times”.
“Launched in 2004, the strategy has a long and successful track record managing assets throughout various market cycles.”
Newton’s Real Return team currently manages $26 billion on behalf of institutions, charities, corporations and private individuals in the UK, Europe, Asia Pacific and the United States.
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