Newton IM shakes up equity income leadership team
Deputy CIO James Lydotes takes over from Ilga Haubelt who leaves after less than three years
Mellon
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New managers lead Newton Oriental and HI
Newton switches lead portfolio managers on Higher Income and Oriental funds.
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PA ANALYSIS questionable headline numbers
A look at the IMA’s UK retail figures over the last three years and one year has thrown up some interesting stories. Sadly, very few of the groups involved have been keen on getting involved in justifying their flows from either perspective.
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Investors gloomy on economic outlook
Contracting middle classes in developed markets and a bond market collapse following the withdrawal of QE pose significant threats to the global economy in 2013, while uncertainty in China and Europe is the biggest risk in the current market, according to global investors surveyed by BNY Mellon.
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Frikkee defends fund’s dividend cut
Newton’s Tineke Frikkee has defended the planned 20-25% cut of her High Income fund’s dividend.
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BNY Mellon cuts dividend on Newton fund
BNY Mellon announced a cut of up to 25% to the dividend of its Newton Higher Income fund.