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Newton UK Equity - change of manager

Kate Marshall | Mon 29 February 2016

Investments can go down as well as up so there is always a danger that you could get back less than you invest. Nothing here is personalised advice, if unsure you should seek advice.

Christopher Metcalfe has assumed responsibility for the Newton UK Equity and Newton UK Opportunities funds with immediate effect. Paul Stephany, the funds' previous manager, has stepped back from fund management, although he remains employed by Newton. The funds' existing philosophy and investment process will remain unchanged.

Christopher Metcalfe previously managed the UK Equity fund from 2007 to 2011 over which time he outperformed the FTSE All Share Index, although past performance should not be seen as guide to future returns. He also currently manages the Newton UK Income Fund, which also invests in UK shares but aims to produce an income as well as long-term capital growth, and the Newton Multi-Asset Growth Fund, a multi-asset portfolio.

The Newton UK Equity and Newton UK Opportunities funds do not currently feature on the Wealth 150. Christopher Metcalfe is an experienced fund manager in his own right and he also has the support of a well-resourced network of analysts at Newton. That said, we currently have higher conviction in other managers running UK equity portfolios with longer track records. Furthermore, Newton’s UK equities team has undergone several management changes over the past few years and we would like to see the current team settle before considering the funds for inclusion on the Wealth 150.

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Find out more about Newton UK Equity Fund including how to invest

Please read the key features / key investor information document in addition to the information above.


Find out more about Newton UK Opportunities Fund including how to invest

Please read the key features / key investor information document in addition to the information above.

Important information - Please remember the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. This article is provided to help you make your own investment decisions, it is not advice. If you are unsure of the suitability of an investment for your circumstances please seek advice. No news or research item is a personal recommendation to deal.


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