Newton Investment Management appoints Ilga Haubelt as Head of Equity Opportunities
Newton Investment Management (Newton), part of BNY Mellon Investment Management, today announced the appointment of Ilga Haubelt as head of equity opportunities. Ilga will be based in London and will report to Newton’s chief investment officer, Curt Custard. She joins the firm in this newly created role on 4 November, 2019.
The appointment follows the formalisation of Newton’s 16-strong active equity team into two principal hubs – equity income and equity opportunities. In her new role, Ilga will lead and manage a 10-strong team who are responsible for all of Newton’s active equity strategies that are not managed on an income basis. These include its global, Asian, US, emerging, UK and European equity specialisms.
Ilga joins from Deka Investment, where she was head of global equities, overseeing a team of 23 people and assets of more than £12 billion. At Deka Investment, Ilga also managed the firm’s largest equity fund, generating substantial net inflows into Deka Investment’s global equity funds.
Ilga is a highly experienced equity portfolio manager and team leader, bringing skills which complement our strong equity opportunities team, as well as our pedigree in research and idea generation. We are looking forward to welcoming her to Newton.Curt Custard, Chief Investment Officer at Newton Investment Management
Newton manages £23.5 billion of active equity mandates, as of 30 September, 2019. Equity opportunities accounts for £11.1 billion of these assets and the investment firm runs £12.3 billion in equity income. The investment process and the structure of the portfolio management teams of the strategies will not change.
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 £50.4 billion as at 30 September 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$1.9 trillion in assets under management as of September 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.
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