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Newton Hires To Boost Fixed Income

Will Robins

25 August 2009

London-based asset manager Newton Investment Management has appointed Scott Freedman to its fixed-income team.

In his role, Mr Freedman will recommend investments in non-financial companies. He joins from Standard Asset Management where he worked as a high yield investment analyst.

“We are one of the few asset management companies with an investment process that is built around career research analysts.   The global bond markets are developing fast in this 'all change world' with monetary and fiscal policy evolving rapidly. This will throw up many opportunities for the global bond investor,” said Paul Brain, investment leader, fixed-income at Newton.

Newton Investment Management Limited is a global asset management subsidiary of The Bank of New York Mellon Corporation and part of BNY Mellon Asset Management. Newton has assets under management of approximately £34 billion ($56 billion), including assets managed as dual officers for The Bank of New York Mellon. BNY Mellon Asset Management has $926 billion in assets under management.