Newton has kicked off the new year with a reshuffle of its investment team. Jeff Munroe is stepping down as Chief Investment Officer to lead Newton's global equities effort and Simon Pryke steps up from his role as Head of Private Client and Charities to take over from Munroe in what Newton describes as a "redefined role of CIO."
CEO Helena Morrissey explains the reshuffle, "We believe that our investment process and philosophy position us well given our expectation of an environment characterised by lower returns and higher volatility. That said, our business has grown in size and complexity over the last few years and we need to remain vigilant about the execution of our investment approach. "Jeff is committed to ensuring Newton's performance is consistent across our full range of mandates, and has decided to step down from his current role as chief investment officer in order to now lead the Global Equities ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
