BNY Mellon Asset Management (BNY Mellon AM) boutiques Newton and Walter Scott have picked up two significant Japanese mandates.
BNY Mellon AM, the global asset management arm of Bank of New York Mellon, has been selected to manage two global equity mandates on behalf of Japan’s public pension fund, the Government Pension Investment Fund.
The mandates involve two BNY Mellon AM boutique investment managers — Newton Investment Management and Walter Scott and Partners.
The two mandates will be managed by members of the global equity teams at Newton in London and Walter Scott in Edinburgh. They will be benchmarked to Japan’s MSCI Kokusai index.
