Newton Investment Management (Newton), part of BNY Mellon Investment Management, today announces the expansion of its responsible investment team with the appointment of Andrew Parry as head of sustainable investment. He joins on 14 October, 2019.
Andrew brings with him extensive responsible and sustainable investment expertise as Newton continues to advance its long-standing capabilities in these areas. He will play an integral role in growing the firm’s sustainable business, as well as overseeing its sustainable strategies, and communicating the firm’s approach to responsible investment to its global client base.
Based in London, he will report to Curt Custard, chief investment officer at Newton.
Andrew joins from Hermes Investment Management, where he was most recently head of sustainable investing, developing the firm’s impact investing capabilities, and aligning its funds to the UN Sustainable Development Goals. He previously held roles as head of equities and impact investing at Hermes, and before this as CEO of Hermes Sourcecap Limited. Andrew has over 30 years of equity investment expertise, having also held roles as CIO of global equities at Northern Trust Global Investments, head of equities at Julius Baer Investment Management, CIO of Lazard Brothers Asset Managers, and head of UK equities at Barings.
Commenting on the appointment, Curt Custard, chief investment officer at Newton Investment Management, said: “Andrew’s hire underpins the strategic importance and commitment that Newton places on responsible and sustainable investment. We have a long track record and heritage embedding ESG across our investment strategies and in developing leading responsible investment capabilities, having been evolving our approach since inception in 1978. Andrew’s experience in responsible and sustainable investment will be hugely valuable as we continue to develop our offering in response to our clients’ needs.”
Andrew’s hire underpins the strategic importance and commitment that Newton places on responsible and sustainable investment. We have a long track record and heritage embedding ESG across our investment strategies and in developing leading responsible investment capabilities, having been evolving our approach since inception in 1978. Andrew’s experience in responsible and sustainable investment will be hugely valuable as we continue to develop our offering in response to our clients’ needs.Curt Custard, chief investment officer
Newton Investment Management manages £3.3 billion on a sustainable or ethical basis, as of 31 August, 2019.
Notes to editors:
Newton Investment Management Limited (NIM) is a London-based global investment management subsidiary of The Bank of New York Mellon Corporation. NIM and Newton Investment Management (North America) Limited (NIMNA) are authorised and regulated by the Financial Conduct Authority. NIMNA is also registered with the US Securities and Exchange Commission. Registered address, BNY Mellon Centre, 160 Queen Victoria Street, London, EC4V 4LA. Registered in England No. 01371973 (NIM) and No. 2675952 (NIMNA).
With assets under management of £50.1 billion as at 30 June 2019, Newton IM provides investment products and services to a wide range of clients, including pension funds, charities, corporations and (via BNY Mellon) individuals. News and other information about Newton is available at www.newtonim.com and via Twitter: @NewtonIM.
BNY Mellon Investment Management is one of the world’s largest investment managers, and one of the top U.S. wealth managers, with US$1.8 trillion in assets under management as of June 30, 2019. The firm is built around delivering to investors a “best of both worlds” approach: the expertise and world-class capability of our individual investment managers, wedded to a global geographic footprint, and guided by an unshakable commitment to financial stewardship. BNY Mellon Investment Management encompasses BNY Mellon’s affiliated investment management firms, wealth management services and global distribution companies.
BNY Mellon Investment Management is a division of BNY Mellon, which has US$35.5 trillion in assets under custody and/or administration as of June 30, 2019. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.Unless otherwise specified herein, all information sourced by BNY Mellon as of September 26, 2019. This press release is qualified for issuance in the UK and Europe and is for information purposes only. It does not constitute an offer or solicitation of securities or investment services or an endorsement thereof in any jurisdiction or in any circumstance in which such offer or solicitation is unlawful or not authorized. This press release is issued by BNY Mellon Investment Management EMEA Limited (BNYMIM EMEA) to members of the financial press and media and the information contained herein should not be construed as investment advice. Registered office of BNYMIM EMEA: BNY Mellon Centre, 160 Queen Victoria Street, London, EC4V 4LA. Registered in England no. 1118580. Authorized and regulated by the Financial Conduct Authority. A BNY Mellon Company.