Newton Real Return's Iain Stewart set to retire

Stepping down after 34 years

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 tin' Clients were informed on 2 August that management of the fund will continue to be led by Suzanne Hutchins, alongside Aron Pataki, Andy Warwick, Philip Shucksmith and Matt Brown. They will be supported by the wider 65-strong investment team, with Newton's internal global research and fixed income teams, as well as thematic focus groups helping to provide the foundation of the port...