Newton Real Return portfolio manager Iain Stewart is set to retire at the end of this year after 34 years with the BNY Mellon Investment Management subsidiary.
Stewart stepped back from management of the fund in 2018 to focus on providing strategic input to the Real Return team's macro perspectives and outlook. Newton's Clay on not doing 'what it says on the...
December 'remains achievable'
Able to monetise its assets
Formal agreement set to be announced soon
Cash holdings continue to grow