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Stock impact report

BNY Mellon Investment Management Launches Dreyfus Japan Womenomics Fund

The Bank of New York Mellon Corporation (BK) 
Last the bank of new york mellon corporation earnings: 4/16 06:30 am Check Earnings Report
Company Research Source: PR Newswire
NEW YORK,, Sept. 18, 2018 /PRNewswire/ -- BNY Mellon Investment Management today announced the launch of Dreyfus Japan Womenomics Fund (the "Fund"). The Fund, which seeks long-term capital growth, is sub-advised by BNY Mellon Asset Management Japan Limited ("BNYMAM Japan"), an affiliate of the Fund's investment adviser, The Dreyfus Corporation ("Dreyfus"), BNY Mellon's U.S. Fund Platform.The Fund normally will invest in Japanese-listed companies that BNYMAM Japan believes will benefit from the Japanese Government's "Womenomics" initiative, which seeks to enhance economic growth in Japan through improved gender parity in the workforce. The Womenomics initiative includes efforts to ease barriers to female employment outside the home, promote women to leadership positions, and close the gender pay gap.  Recent government policies to support the initiative have included the labor reform law, expanding day care facilities, and a law requiring action plans from companies of a certain size t Show less Read more
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