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Newton Investment Management

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Newton Portal
UK Institutional UK Institutional

Blog

sector research

Finding opportunities for positive change and sustainable growth in emerging markets
Blog

Making sense of divergent third-party ESG data ratings

ESG ratings play an important role in asset management, but we believe their application needs to be better…

Alexander Parkinson
31 January 2023
Responsible investment, Sector research, Sustainable
Episode 1: The New China Trade Reality
Blog

Emerging-market equities: finally time to shine?

After a prolonged period of relative underperformance, could emerging-market equities be set for a renaissance?

Ian Smith
25 January 2023
Emerging markets & Asia, Responsible investment, Sector research, Sustainable
Russia and China: a new world order
Blog

Geopolitical outlook: how ‘great power competition’ will define 2023

How the theme of ‘great power competition’ could shape the macroeconomic backdrop in 2023 and beyond.

Richard Bullock
23 January 2023
Emerging markets & Asia, Fixed income, Global equities, Macro views, Sector research, Ukraine
Blog

ADAS, on the road to autonomy

We explore potentially life-saving advanced driver assistance system technology.

Robert C Zeuthen, Frank J Goguen, George Saffaye
17 January 2023
Global equities, Industry views, Sector research
How to value a company during a pandemic
Blog

Financial and sustainability reporting – the search for the best attainable version of the truth

We discuss the evolution of sustainability reporting.

Jeremy Stuber
06 January 2023
Industry views, Sector research
Global equities: Our outlook for 2023
Blog

Global equities: Our outlook for 2023

We examine the current macro backdrop and where investors can potentially find pockets of growth.

John R Porter III
23 December 2022
Global equities, Sector research
2023 Outlook for Global Infrastructure
Blog

2023 outlook for global infrastructure

We believe infrastructure has exposure to themes with greater transparency that can provide some stability in uncertain times.

James A Lydotes
16 December 2022
Global equities, Sector research
Unpacking the Future of Blockchain
Blog

Unpacking the future of blockchain

We discuss our 2023 outlook.

Jonathan Piskorowski
13 December 2022
Global equities, Sector research
Multi-asset outlook: Will 2023 be the year of opportunity?
Blog

Multi-asset outlook: Will 2023 be the year of opportunity?

We discuss the uncertain outlook facing the global economy and financial markets.

Simon Nichols
13 December 2022
Multi-asset, Sector research, Themes
Supercharging the Global Electric Vehicle Supply Chain
Blog

Supercharging the global electric vehicle supply chain

The regionalisation and localisation of supply chains can amplify their resiliency and sustainability, creating potential long-term investment opportunities.

Robert C Zeuthen, Frank J Goguen, George Saffaye
07 December 2022
Global equities, Industry views, Sector research
Agriculture, Nature, Outdoors
Blog

2023 outlook for global natural resources: Volatility and the scarcity economy

We believe active managers should look to global natural resources for attractive opportunities amid this multi-year commodity upcycle.

Albert Chu
07 December 2022
Global equities, Sector research
Asian Equity Income
Blog

Japan: Can the sun rise again?

We reveal our key macro findings from a recent fact-finding trip to Tokyo.

Richard Bullock
01 December 2022
Fixed income, Global equities, Industry views, Macro views, Sector research
Climate Change and Agriculture
Blog

Climate change and agriculture

As we navigate the future of agriculture, efficient price discovery could be a key agent for positive change.

Albert Chu
28 November 2022
Global equities, Sector research
Better income outcomes
Blog

Global equity income: Better income outcomes in 2023?

We discuss the outlook for equity income investing.

Jon Bell, Zoe Kan
28 November 2022
Global income, Sector research, Themes
Blog

Are gilts still under pressure?

We assess the impact of the UK government’s Autumn Statement on the gilt market.

Carl Shepherd
23 November 2022
Fixed income, Macro views, Multi-asset, Sector research
2021: better income outcomes?
Blog

COP27: What do we want and what might we get?

We explain what we would like to see from the participants at this year’s climate-change event in Egypt.

Newton responsible investment team
07 November 2022
Industry views, Responsible investment, Sector research, Sustainable, Themes
Bank of England
Blog

Second time lucky?

Assessing the UK’s monetary and fiscal predicament.

Howard Cunningham
31 October 2022
Defined contribution, Fixed income, Sector research, Themes
The Importance of Water to Agriculture
Blog

The importance of water to agriculture

Exploring agriculture can present one of the best indirect methods to accurately price water, a perpetually mispriced commodity.

Albert Chu
26 October 2022
Global equities, Sector research
Retake on Double Take: A UK Winter of Discontent
Blog

Retake on Double Take: A UK Winter of Discontent

In the latest Double Take, we examine the investment implications of the continuing energy crisis enveloping the UK.

Jack Encarnacao, Raphael J. Lewis
25 October 2022
Industry views, Macro views, Sector research
Policy response
Blog

Vladimir Putin: Mr three per cent?

We examine how the Russian leader’s actions have affected the market’s risk premium and what might happen next.

Richard Bullock
21 October 2022
Fixed income, Global equities, Macro views, Sector research, Ukraine
Wristwatch, Coin, Money
Blog

Retake on Double Take: Compliant crypto

We investigate the rapidly evolving world of cryptocurrency compliance as financial institutions plan to expand into digital assets.

Jack Encarnacao, Raphael J. Lewis
20 October 2022
Industry views, Macro views, Sector research
Global infrastructure: Tangible assets for tangible returns?
Blog

Global infrastructure: Tangible assets for tangible returns?

Global infrastructure securities can hold up as a buffer in this inflationary environment.

James A Lydotes
05 October 2022
Global equities, Sector research
Made in Vietnam?
Blog

Vietnam: Supply-chain superstar

Key (and sometimes surprising) findings from a recent trip to Vietnam.

Richard Bullock
04 October 2022
Emerging markets & Asia, Fixed income, Macro views, Sector research, Themes
The Geopolitics of Agriculture and Food
Blog

The geopolitics of agriculture and food

After decades of abundant food supply, changes in the agricultural commodity equilibrium may have lasting effects for consumers.

Albert Chu
29 September 2022
Global equities, Sector research
To amortise, or not to amortise, that is the question
Blog

To amortise, or not to amortise, that is the question

We discuss the challenges of accounting for goodwill.

Jeremy Stuber
06 September 2022
Industry views, Sector research
The Emergence of Enterprise Blockchain Applications
Blog

The emergence of enterprise blockchain applications

Blockchain solutions are rapidly evolving beyond cryptocurrencies.

Jonathan Piskorowski
01 September 2022
Global equities, Sector research
Understanding the Shifting Agricultural Landscape
Blog

Understanding the shifting agricultural landscape

The new energy crisis – food scarcity – presents challenges and opportunities as the world prepares for structural…

Albert Chu
22 August 2022
Global equities, Sector research
Graphics, Art, Crystal
Blog

The next wave of digital transformation

The decade-old theme still points to long-term growth opportunities in differentiated areas including enterprise businesses and international markets.

Robert C Zeuthen, Maria Toneva
22 August 2022
Global equities, Sector research, Themes
Retake on Double Take: The Reshoring Decision
Blog

Retake on Double Take: The reshoring decision

We discuss the macroeconomic factors driving the potential return of manufacturing jobs to the US.

Raphael J. Lewis, Jack Encarnacao
26 July 2022
Industry views, Macro views, Sector research
How to value a company during a pandemic
Blog

It was the best of deals, it was the worst of deals

We discuss how investors assess and monitor acquisitions.

Jeremy Stuber
15 June 2022
Industry views, Sector research
Diverging fortunes: unearthing US bond opportunities
Blog

Diverging fortunes: unearthing US bond opportunities

We examine how the theme of divergence is creating opportunities for global bond investors in the US market.

Paul Brain
07 June 2022
Fixed income, Sector research, Ukraine
Global Equities: Navigating a Volatile Backdrop
Blog

Global equities: Navigating a volatile backdrop

We discuss how our global equity specialists are managing the volatility of today’s market landscape.

John R Porter III
06 June 2022
Industry views, Macro views, Sector research
Retake on Double Take: A Nuclear Renaissance?
Blog

Retake on Double Take: A nuclear renaissance?

We discuss the potential of nuclear energy and how it may fit into the global energy transition.

Raphael J. Lewis, Jack Encarnacao
26 May 2022
Industry views, Macro views, Sector research, Sustainable
Blog

Russian bear, Chinese dragon: feasting on honey or playing with fire?

As conflict continues in Ukraine, we assess the potential investment implications arising from evolving Sino-Russian relations.

Richard Bullock
08 April 2022
Fixed income, Global equities, Macro views, Sector research, Ukraine
Server, Computer, Hardware
Blog

Retake on Double Take: Data privacy and regulating big tech

We investigate how big tech companies are mining personal data, and how regulators and lawmakers are responding.

Raphael J. Lewis, Jack Encarnacao
07 April 2022
Industry views, Macro views, Sector research
‘I’s on the prize – income, inflation and infrastructure outlook
Blog

‘I’s on the prize – income, inflation and infrastructure outlook

We discuss the outlook for infrastructure amid rising inflation and increased demand for income.

James A Lydotes
04 April 2022
Global income, Sector research
Ukraine Russia war soldier
Blog

Russian bear: grizzly and exiled

We examine the long-term global structural impacts of the Ukraine war and Russia’s pariah status.

Richard Bullock
21 March 2022
Macro views, Sector research, Ukraine
Russian bear out in the cold
Blog

Russian bear out in the cold

We assess the possible investment implications of Russia’s invasion of Ukraine.

Richard Bullock
25 February 2022
Fixed income, Sector research, Ukraine
Winter of discontent?
Blog

Winter of discontent?

We assess the geopolitical and economic implications of China’s imminent Winter Olympics, and the country’s priorities for 2022.

Richard Bullock
02 February 2022
Emerging markets & Asia, Global equities, Sector research
On the rise…
Blog

On the rise…

We assess what the Fed’s latest monetary-policy signalling could mean for bond markets.

Paul Brain
28 January 2022
Fixed income, Macro views, Sector research
UK equities: time to keep a cool head
Blog

The value of a smile … it costs nothing but creates much

The importance of (and challenges with) valuing intangibles.

Jeremy Stuber
27 January 2022
Industry views, Sector research
Copper: strong tailwinds, although the ride could be bumpy
Blog

Copper: strong tailwinds, although the ride could be bumpy

With tight supply and growing demand, we discuss the outlook for copper.

Catherine Doyle
06 December 2021
Real Return, Sector research
What’s behind the current energy crisis?
Blog

What’s behind the current energy crisis?

There’s more than meets the eye in relation to rising gas prices and their effect on the economy.

Paul Flood
19 October 2021
Multi-asset, Sector research
Antenna, Electrical Device, Radio Telescope
Blog

UK technology stocks: under the radar?

We discuss opportunities in UK technology stocks.

Louise Kernohan
26 August 2021
Sector research, UK equities
Outer Space, Space, Universe
Blog

Global minimum tax: why it matters

Why we believe tax is under-analysed, and how it informs our broader view of governance.

Jeremy Stuber
24 June 2021
Industry views, Sector research
How to value a company during a pandemic
Blog

How to value a company during a pandemic

We discuss how the pandemic has distorted standard valuation measures.

Jeremy Stuber
14 May 2021
Industry views, Sector research
India: Ready for a China-Style Takeoff?
Blog

India: Ready for a China-style take-off?

We assess India’s prospects of emulating the recent rapid growth trajectory of China.

Ian Smith
13 April 2021
Emerging markets & Asia, Sector research
No longer glittering
Blog

No longer glittering?

With the gold price trending lower in recent months, we assess the outlook for the precious metal.

Catherine Doyle
09 April 2021
Multi-asset, Real Return, Sector research
Inflationary Fears Overdone?
Blog

Inflationary fears overdone?

We assess the near and mid-term implications of central-bank and government policy for bond markets.

Paul Brain
07 April 2021
Fixed income, Macro views, Sector research
COVID-19: UK bond market impact
Blog

Going for (green) growth

We assess the implications of the UK Budget for bond markets and the wider economy.

Howard Cunningham
04 March 2021
Fixed income, Macro views, Sector research
Blog

Turnover is vanity, profit is sanity, but cash is reality

Making the case for revisiting companies’ cash flow statements.

Jeremy Stuber
25 February 2021
Industry views, Sector research
Bitcoin
Blog

Bitcoin – fool’s gold or digital Mecca?

With the cryptocurrency increasingly in the spotlight, we consider its role in a multi-asset portfolio.

Catherine Doyle
03 February 2021
Multi-asset, Real Return, Sector research
Return of the Cyclicals
Blog

Return of the cyclicals

We discuss the outlook for cyclical stocks.

Paul Markham
17 December 2020
Global equities, Sector research
Sustainable Global Equity Strategy
Blog

Engaging for a greener future

Why engagement is an effective way to support the energy sector’s transition to a lower-carbon future.

Newton responsible investment team
15 December 2020
Responsible investment, Sector research, Sustainable
Gold, Box, Treasure
Blog

Gold: tailwinds?

We discuss the outlook for the precious metal.

Catherine Doyle
14 December 2020
Macro views, Real Return, Sector research
Building, Factory, Refinery
Blog

A turning point for US energy policy?

We consider how Joe Biden’s election win might change the outlook for the energy sector.

Laura Sheehan
27 November 2020
Industry views, Sector research
Fast forward: A journey to the future of investment
Blog

Tomorrow’s world: fast forward to a sustainable future

We examine how the pandemic might pave the way to a more sustainable future.

Newton responsible investment team
16 November 2020
Responsible investment, Sector research, Sustainable, Themes
Energy: Uncertainty and complexity creates opportunity
Blog

Energy: uncertainty and complexity creates opportunity

We discuss the pandemic’s lasting legacy on the energy sector.

Laura Sheehan
02 November 2020
Industry views, Sector research
Blog

The hidden world of cybersecurity

As cybersecurity threats continue to rise, ESG-focused investors should take note.

Catherine Doyle
02 September 2020
Responsible investment, Sector research
Blog

Beyond Covid-19: The ‘U-bend’ recovery

Why we believe the post-pandemic economy will take some time to get back to pre-crisis levels.

Paul Brain
20 August 2020
Fixed income, Macro views, Sector research, Themes
Coal, Covid-19 and the rise of renewables
Blog

Coal, Covid-19 and the rise of renewables

What legacy will the dwindling use of coal leave for the energy industry and investors in renewables?

Paul Flood
11 August 2020
Multi-asset, Sector research, Sustainable
Blog

Taxing times

Corporate taxation practices are attracting growing scrutiny. What are the investment implications?

Rebecca White
06 August 2020
Responsible investment, Sector research
Blog

PRI ratings: Newton’s 2020 grades

How has Newton fared in the latest United Nations Principles for Responsible Investment (PRI) annual assessment ratings?

Rebecca White
05 August 2020
Newton philosophy, Responsible investment, Sector research, Sustainable
Blog

The danger of ‘SDG washing’

Despite good words and intentions, corporate and government support for the UN’s Sustainable Development Goals is falling behind.

Newton responsible investment team
03 August 2020
Responsible investment, Sector research, Sustainable
Doing the right thing: ESG and EMD
Blog

Doing the right thing: ESG and EMD

We analyse the importance of sound governance and disciplined ESG analysis when selecting emerging-market government bonds.

Carl Shepherd, Trevor Holder
27 July 2020
Emerging markets & Asia, Fixed income, Responsible investment, Sector research
Blog

European recovery assured?

We assess the ramifications of the European Union’s €750bn deal for EU bond markets and the euro.

Paul Brain
21 July 2020
Fixed income, Macro views, Sector research
Engaging for a Greener Future
Blog

Covid-19: Winning the peace

How the pandemic could help pave the way to a more sustainable future.

Newton responsible investment team
03 July 2020
Responsible investment, Sector research, Sustainable
Blog

Is investment grade nearing the ‘danger zone’?

We assess two potential tail-risk scenarios from the pandemic that could hurt investment-grade bond investors.

Howard Cunningham
26 June 2020
Fixed income, Sector research
ESG: On the radar of the tech giants
Blog

ESG: On the radar of the tech giants

As the world slowly emerges from the pandemic, we assess the technology sector’s shifting attitudes to ESG issues

Catherine Doyle
25 June 2020
Global equities, Real Return, Sector research, Sustainable
Taking Action on the Implications of Climate Change
Blog

Fossil fuels: Survival of the adaptors

We assess the prospects for oil & gas companies as they seek to navigate the energy transition.

Newton responsible investment team
26 May 2020
Newton philosophy, Responsible investment, Sector research, Sustainable, Themes
US dollar: devalue to save the world?
Blog

US dollar: devalue to save the world?

We assess how US-dollar strength will affect the global economy as it starts to recover from the pandemic.

Paul Brain
22 May 2020
Fixed income, Macro views, Sector research
Blog

Looking through the pandemic: The shape of the recovery

We assess some potential consequences of the pandemic, and how they may play out in the global economy.

Paul Brain, Howard Cunningham
11 May 2020
Fixed income, Macro views, Sector research, Themes
2019 Charity Investment Survey
Blog

A bridge to a lower-carbon future

We assess the role that carbon offsetting can play within the transition to a lower-carbon world.

Newton responsible investment team
01 May 2020
Responsible investment, Sector research, Sustainable
Blog

Oil dividends: Losing energy?

We examine how the pandemic may affect oil company dividends and the transition to a greener world.

Laura Sheehan
28 April 2020
Responsible investment, Sector research, Sustainable
Our purpose
Blog

Covid-19: Looking beyond the pandemic

How will society and the global economy fare once the coronavirus pandemic begins to dissipate?

Paul Markham
23 April 2020
Global equities, Sector research
The rise and rise of ‘MMT’ economics
Blog

Save and prosper?

How the pandemic and rescue packages are changing both corporate behaviour and the dynamics of fixed-income markets.

Howard Cunningham, Paul Brain
20 April 2020
Fixed income, Sector research
Blog

Over a barrel?

We assess how the oil sector is facing up to an unprecedented fall in global demand.

Laura Sheehan
16 April 2020
Industry views, Sector research
Blog

How Covid-19 could transform the future of health care

We examine the longer-term impact of the virus on the health-care sector.

Newton global research team
07 April 2020
Sector research, Themes
Blog

Covid-19: Health care for the greater good

We analyse how the global health-care sector is faring in the face of the global pandemic.

Newton global research team
01 April 2020
Sector research, Themes
Covid-19: BoE: ‘take back control’
Blog

Covid-19: BoE: ‘take back control’

We assess the impact of the Bank of England’s latest efforts to calm febrile markets.

Howard Cunningham
20 March 2020
Fixed income, Sector research
Covid-19: ECB’s ‘shock and awe’
Blog

Covid-19: ECB’s ‘shock and awe’

We assess what the European Central Bank’s latest financial rescue package means for European bond markets.

Jon Day
20 March 2020
Fixed income, Sector research
COVID-19: UK bond market impact
Blog

Covid-19: UK bond market impact

We analyse the impact of the UK government’s financial rescue package on bond markets

Howard Cunningham
18 March 2020
Fixed income, Sector research
UK high street down but not out
Blog

The high street – down but not out

Our ‘consumer power’ theme helps us navigate the disruptive forces facing retailers.

Amy Chamberlain
03 January 2020
Sector research, Themes
Aeging doesn't have to get old
Blog

Ageing doesn’t have to get old

Disruptive innovation in health care could help us age more healthily

Newton global research team
03 December 2019
Global equities, Sector research, Themes
Planting the seeds
Blog

Planting the seeds for sustainable agriculture

What did our visit to an underground farm teach us about agricultural innovations?

Rebecca White
27 November 2019
Responsible investment, Sector research, Sustainable, Themes
Blog

Megacities – where themes collide

Our dynamic thematic framework helps identify structural growth opportunities created by rapid urbanisation.

Newton global research team
21 November 2019
Emerging markets & Asia, Macro views, Newton philosophy, Sector research, Themes
Which way now?
Blog

Which way now?

A further Brexit delay and an unpredictable election spell further near-term uncertainty for the UK economy.

Howard Cunningham
06 November 2019
Fixed income, Sector research
Blog

Wind? We’re fans

We discuss the role of wind and solar power in a transition to a greener energy economy.

Newton global research team
06 August 2019
Sector research, Sustainable, Themes
Get well sooner
Blog

Get well sooner

Spending money on health and wellness is gaining popularity. What opportunities does this present?

Newton global research team
26 July 2019
Sector research, Themes
Blog

A liquid alternative

We consider the role of liquid real assets in a diversified portfolio.

Paul Flood
25 July 2019
Multi-asset, Sector research
Blog

A question of quantity

We discuss the new revenue recognition standards.

Jeremy Stuber
19 July 2019
Industry views, Sector research
Blog

Flights not Ferraris

How is the millennial trend of spending on experiences, rather than things, affecting investors and industries?

Consumer power theme group
10 July 2019
Sector research, Themes
Blog

Population prospects

Major demographic shifts will have pronounced implications for economies and investors.

Newton global research team
12 June 2019
Macro views, Sector research, Themes
Golden Opportunity?
Blog

Golden opportunity?

Gold can be hard to decipher as an investment. How should you go about understanding this tricky commodity?

Newton Real Return team
21 May 2019
Real Return, Sector research
Sustainability
Blog

Sustainability is the new black

Consumers increasingly want products that stand for something, but how can companies balance purpose and profit?

Newton responsible investment team
29 March 2019
Responsible investment, Sector research, Sustainable, Themes
Blog

Theresa’s may day

Another vote, another Brexit deal defeat for the UK prime minister. What happens next?

Paul Markham
13 March 2019
Global equities, Sector research, UK equities
Blog

Carry on Leo

The Irish and UK prime ministers are experiencing contrasting fortunes as Brexit negotiations rumble on.

Howard Cunningham
11 March 2019
Fixed income, Macro views, Sector research
Blog

A not-so-model industry

The fashion industry is facing growing pressure to clean up its sustainability act.

Newton responsible investment team
08 March 2019
Global income, Responsible investment, Sector research
Blog

Fuelling the future

In uncertain political times, how can governments and the oil industry manage the economics of reducing emissions?

Laura Sheehan
22 February 2019
Responsible investment, Sector research
Blog

Driving us Caracas

Venezuela’s president and opposition leader are deepening a political crisis that could hold major implications for global markets.

Carl Shepherd
19 February 2019
Emerging markets & Asia, Fixed income, Sector research
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This is a financial promotion. Issued by Newton Investment Management Limited, The Bank of New York Mellon Centre, 160 Queen Victoria Street, London, EC4V 4LA. Registered in England No. 01371973. Newton Investment Management is authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN and is a subsidiary of The Bank of New York Mellon Corporation. Material in this publication is for general information only. The opinions expressed in this document are those of Newton and should not be construed as investment advice or recommendations for any purchase or sale of any specific security or commodity. Certain information contained herein is based on outside sources believed to be reliable, but its accuracy is not guaranteed. You should consult your advisor to determine whether any particular investment strategy is appropriate. This material is for institutional investors only. Past performance is not a guide to future performance. Your capital may be at risk. The value of investments and the income from them can fall as well as rise and investors may not get back the original amount invested.