Newton appoints responsible investment head
Newton, part of BNY Mellon Investment Management, has appointed Andrew Parry to lead its responsible investment team from 14 October.
He joins from Hermes Investment Management where he was head of sustainable investing and previously held roles at the firm including head of equities and impact investing.
Based in London, Parry will report to Newton chief investment officer Curt Custard.
His role at Newton would involve growing the firm’s sustainable business, overseeing its sustainable strategies and communicating the firm’s approach to responsible investment.
Custard said: “Andrew’s hire underpins the strategic importance and commitment that Newton places on responsible and sustainable investment. We have a long track record and heritage embedding ESG [environmental, social and governance] across our investment strategies and in developing leading responsible investment capabilities, having been evolving our approach since inception in 1978.
“Andrew’s experience in responsible and sustainable investment will be hugely valuable as we continue to develop our offering in response to our clients’ needs.”
Recommended for you
Money Management spoke with two brand consultants to how Perpetual can best rebrand its business as the 138-year name is sold to private equity firm KKR.
Pinnacle remains a “standout” fund manager, according to Morningstar, amid a challenging backdrop for active asset management and the addition of a new global equities affiliate from the UK.
Platinum Asset Management saw outflows of $1.65 billion in April, partly as a result of redemptions from institutional mandates and product rationalisation initiatives.
In this latest Meet the Manager profile, Money Management speaks with Ophir Asset Management co-chief executive Andrew Mitchell.