Newton sponsors First Book Award at Edinburgh Festival
Edinburgh International Book Festival visitors given opportunity to vote for favourite debut author
London
11 July 2011
Newton*, part of BNY Mellon Asset Management, has announced its sponsorship of the Edinburgh International Book Festival's First Book Award.
This latest sponsorship is testament to Newton's commitment to foster talent and ideas, encourage innovation and inspire success. The festival affords new writers the opportunity to make their mark in the literary world. This year, Newton has also committed to a three-year sponsorship of the Royal Academy of Arts Schools and is sponsoring the women's rowing clubs of Oxford and Cambridge throughout the summer of 2011.
The Edinburgh International Book Festival will take place between 13-29th August 2011 in the historic Charlotte Square Gardens, centrally located in Edinburgh's world heritage listed Georgian New Town. The event forms part of the larger arts festival of jazz, film, art and fringe which has made Edinburgh famous as an international centre for art and culture. Now in its second year, the First Book Award is voted on by the public from a nominated list of 45 authors, many of whom will go on to forge international careers.
Helena Morrissey, chief executive officer of Newton*, comments: "We have sponsored the First Book Award because we want to encourage and develop new talent. We understand how difficult it can be to win recognition and to achieve that all important first break in a very competitive industry."
The 2011 Newton First Book Award nominees and latest updates on voting & results can be found on the Edinburgh Book Festival First Book Award site.
Notes to editors:
Newton is a London-based global asset management subsidiary of The Bank of New York Mellon Corporation and part of BNY Mellon Asset Management. With assets under management of more than £47 billion, including assets managed by Newton Investment Management as dual officers of Newton Capital Management Limited and The Bank of New York Mellon, Newton's group of affiliated companies provides a broad range of award-winning investment products and services to individuals, pension funds, charities and corporations. News and other information about Newton is available at www.newton.co.uk.
BNY Mellon Asset Management is one of the world's leading asset management organizations, encompassing BNY Mellon's affiliated investment management firms and global distribution companies. Information about BNY Mellon Asset Management can be found at www.bnymellonam.com.
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. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $25.5 trillion in assets under custody and administration and $1.2 trillion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.7 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Additional information is available at www.bnymellon.com.
*'Newton' includes the following group of affiliated companies: Newton Investment Management Limited, Newton Capital Management Limited and Newton Capital Management LLC. Assets under management include assets managed by all of these companies except Newton Capital Management LLC, which provides marketing services in the U.S. for Newton Capital Management Limited. Except for Newton Capital Management LLC and Newton Capital Management Limited, none of the other Newton companies offer services in the US and Canada. Newton Capital Management Limited is an investment management firm authorized and regulated in the United Kingdom by the Financial Services Authority in the conduct of investment business and is a wholly owned subsidiary of The Bank of New York Mellon Corporation. Registered in England no: 2675952. Newton Capital Management Limited is registered in the United States as an investment adviser under the Investment Advisers Act of 1940. Unless otherwise stated, all information source BNY Mellon Asset Management as at 30 June 2011. This press release is qualified for issuance in the UK, US and Canada 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 authorised. This press release is issued by BNY Mellon Asset Management (US & Canada) and BNY Mellon Asset Management International Limited (ex-US/Canada) 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. Registered office of BNY Mellon Asset Management International: BNY Mellon Centre, 160 Queen Victoria Street, London, EC4V 4LA. Registered in England no. 1118580. Authorised and regulated by the Financial Services Authority. A BNY Mellon Company(SM).
