Caroline Keen has been promoted to lead manager on the £266m BNY Mellon Asian Equity fund, previously led by Jason Pidcock.
The two managers have swapped roles, as Pidcock (pictured) will now become alternate manager on the fund. The change was effective on 1 July. Keen has supported Pidcock as alternate manager since January and has been a member of Newton's Asian equities team since December 2009. "Investors in BNY Mellon's Asian Equity fund will continue to benefit from input and investment expertise of Jason Pidcock as alternate manager on this fund," said the group. The fund has fallen 15.36% over the past year and gained 39% over three years against a sectpr average loss of 10.36% and 43% respecti...
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