BNY Mellon IM launches Article 8 long-term European equity fund

Managed by Walter Scott & Partners

BNY Mellon Investment Management has today (5 September) unveiled the BNY Mellon Long-Term European Equity fund.

The strategy, which is classified as Article 8, will be sub-advised and managed by BNY Mellon's wholly-owned subsidiary Walter Scott & Partners. Walter Scott's team, which has been investing in European equities for over three decades, will apply the same philosophy and process of the £1.8bn BNY Mellon Long-Term Global Equity fund. BNY Mellon IM launches multi-asset moderate fund for Paul Flood BNY Mellon said the newly launched strategy aims to provide investors with a favourable long-term capital appreciation by investing in a "high-conviction portfolio of quality companies" base...