Newton IM announces new CIO role
Former UBS managing director and head of investment solutions, Curt Custard will take on the newly-created role of chief investment officer (CIO) with BNY Mellon investment manager, Newton IM.
Commenting on the creation of the CIO role, Newton IM chief executive officer, Hanneke Smits said:
“It builds on our investment philosophy and process and reflects the board’s commitment to reinforcing governance for the next stage of growth”.
The Newton IM management team will see Custard alongside a chief executive, a chief operating officer, chief risk officer, and chief commercial officer.
Custard previously held senior roles with UBS Asset Management in both London and Chicago and has also held positions with Allianz Global Investors in London, Dresdner RCM Global Investments in San Francisco, and is a former global head of multi-asset solutions with Schroders.
To support Custard’s appointment, global head of distribution Julian Lyne has been promoted to the expanded position of chief commercial officer.
AUTHOR
Hope William-Smith
Recommended for you
JP Morgan Asset Management has appointed an ETF specialist from Vanguard as it seeks to expand its ETF range.
The alternative asset manager has expanded its Singapore office with a head of Asian distribution, representing a “critical step” for the Asian business, where it is seeking to launch new offerings.
Six Australasian sustainable funds closed in the last quarter, according to Morningstar, while 39 per cent of all strategies saw outflows during the period.
The bank and financial services firm has appointed its next CEO for Australia and New Zealand, while its previous chief for the region takes up a new position.
