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.”
AUTHOR
Laura Dew
Recommended for you
GQG Partners has marked its fifth consecutive month of outflows as its AI concerns lead to fund underperformance but overall funds under management increased to US$166.1 billion.
Apostle Funds Management is actively pursuing further partnerships in Asia and Europe but finding a suitable manager is a “needle in a haystack”.
Nuveen has made its private real estate strategy available to Australian wholesale investors, democratising access to a typically institutional asset class.
VanEck is expanding its fixed income range with a new ETF this week to complement its existing subordinated debt strategy which has received $1 billion in inflows this year.
