BNY Mellon Asset Servicing Becomes First Service Provider to Support ETF Short Positions (PR Newswire)
BNY Mellon Asset Servicing, the global leader in securities servicing, became the first service provider to support short positions in an exchange-traded fund after being selected to provide ETF services, custody, fund accounting and fund administration for the Mars Hill Global Relative Value ETF , the first actively managed ETF to pursue a long-short equity strategy.

BNY Mellon Asset Management's Target Surplus Strategies Attract Pension Plans Setting Funding Goals (PR Newswire)
BNY Mellon Asset Management announced it is seeing growing interest from corporate pension plans in its Target Surplus Strategies, which were created to help the plans set deadlines to achieve targeted funding ratios.  Since BNY Mellon launched these strategies in mid 2009, it has attracted more than $1 billion in assets under management from six pension plans.

B of A, Wells, Citi Fall as Moody's Sees Risk From FinReg (at Barron's Online)

Newton Appoints Terry Coles (PR Newswire)
Newton* has appointed Terry Coles as investment manager in its global equities team.

Small Cap Stocks May Prove Challenging, According to Study by BNY Mellon Beta Management (PR Newswire)
The relatively high transaction costs associated with small cap stocks combined with forecasted returns that are not expected to exceed those of large cap stocks make the asset class relatively unattractive at this time, according to a recent study by BNY Mellon Beta Management, a BNY Mellon Asset Management business that facilitates rebalancing programs and synthetic asset class exposure through the use of futures, swaps, index funds, and exchange-traded funds .

BNY Mellon Corporate Trust Launches Innovative eVault Service (PR Newswire)
BNY Mellon Corporate Trust has introduced an eVault service that will allow it to receive, process and store electronic mortgage documents on behalf of its clients, significantly improving all stages in the life-cycle of a loan.

Newton Urges Investors to See the Long-Term Benefits of Investing in Equity Income (PR Newswire)
Newton* has encouraged investors to see the long-term benefits of investing in equity income in a recent paper entitled "The case for equity income investing."

BNY Mellon Appoints Mitchell Harris Sole Interim Head for Asset Management (PR Newswire)
BNY Mellon announced today that Mitchell Harris will be the sole head of the company's asset management business on an interim basis. Harris also continues in his role as chairman of the Fixed Income, Cash and Currency Group of BNY Mellon Asset Management.