Wealth Manager - the site for professional investment managers

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Newton boosts real return team with BlackRock hire

Newton boosts real return team with BlackRock hire

Newton Investment Management has hired BlackRock fund manager Andy Warwick for its real return team.

Joining at the end of July, he will report to Suzanne Hutchins (pictured) and work as co-lead portfolio manager on both the Newton and BNY Mellon real return strategies, alongside Hutchins and Aron Pataki.

Warwick spent 13 years at BlackRock and was most recently co-manager of the BlackRock Dynamic Diversified Growth fund, along with the BGF Flexible Multi-Asset, BlackRock Balanced Growth and BlackRock Balanced Managed funds.

In the three years to the end of April the Diversified Growth fund has returned 19.3% and the Balanced Managed fund 21.1%, versus peer group averages of 20.5% and 19.8% respectively.    

‘The expansion of Newton IM’s real return team, with the appointment of Andy, is a strong recognition of the importance of the strategy to our business and the growth we expect from it in the UK, Irish and other markets around the world,’ said Fergus McCarthy, head of UK and Ireland intermediary distribution at BNY Mellon Investment Management.

He added: ‘With 20 years of experience running multi-asset funds, Andy will bring a highly complementary skill set to the real return team, particularly in cross-asset-class research, macro input and portfolio construction.

'He has significant experience across asset classes, including equities, fixed income, commodities, credit, volatility and alternatives.’

Newton's real return team widened its stable of funds last month with the launch of a sustainable real return fund.

 

 

 

 

 

 

 

 

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

Related Fund Managers

Aron Pataki
Aron Pataki
24/27 in Mixed Assets - Absolute Return EUR (Performance over 1 year) Average Total Return: 1.62%
Suzanne Hutchins
Suzanne Hutchins
1/1 in Mixed Assets - Absolute Return USD (Performance over 3 years) Average Total Return: 12.20%
Andrew Warwick
Andrew Warwick
73/134 in Mixed Assets - Aggressive GBP (Performance over 3 years) Average Total Return: 19.74%
Ian Clark
Ian Clark
88/125 in Equity - Global Equity Income (Performance over 1 year) Average Total Return: 1.36%
Wealth Manager on Twitter