Who's Moving Where In Wealth Management? – FCA, Ignition, Others

Editorial Staff

1 February 2022

Financial Conduct Authority
The has appointed Mitesh Sheth, David Cumming and Georgina Cooper to join its investment team.

Sheth will be joining as chief investment officer of Newton’s £51.7 billion multi-asset business by 1 March. Cumming and Cooper will be joining its £2.6bn UK equity team in early March and on 1 February, respectively.

Reporting to Euan Munro, Newton’s chief executive officer, Sheth will oversee Newton’s multi-asset and fixed-income teams based in London, as well as Newton’s quantitative multi-asset solutions team in San Francisco. Previously, he served as CEO at Redington, having started at the firm in 2013 as director of strategy.

Cumming was most recently CIO of equities at Aviva Investors. Prior to this, he was head of equities at Standard Life Investments. He has been an active UK equity manager for more than 35 years.

Cooper, who is joining from Abrdn where she was a UK equities portfolio manager, will report to Louise Kernohan.