UK Institutional UK Opportunities

Our philosophy and process

  • Portfolios are concentrated and high-conviction, with fewer holdings than a traditional UK equity portfolio. There are no sector or comparative index constraints. A constantly evolving and forward-looking approach that seeks to anticipate change, manage risk, and identify opportunities.
  • ESG considerations are integrated throughout the research process and via proprietary quality reviews, to ensure that any material issues are captured.

Every time we consider a security or look at an industry or country, it’s in the context of what’s happening across the world. We believe the investment landscape is shaped over the long term by some key trends, and we use a range of global investment themes to capture these.

Investment team

Our UK Opportunities strategy is managed by an experienced team. Our global sector analysts and investment managers are located on a single floor in London, which helps to ensure that the investment process is flexible and opportunistic. Guided by our global investment themes, the team works together to identify opportunities and risks through research and debate.

21
years’ average investment experience
12
years’ average time at Newton
  • Louise Kernohan
    Louise Kernohan

    Portfolio manager, UK equities

  • Charles French
    Charles French

    Head of Equity Opportunities

  • Jeff Munroe
    Jeff Munroe

    Investment leader, global equities

  • Paul Markham
    Paul Markham

    Portfolio manager, global equities

  • Simon Nichols
    Simon Nichols

    Portfolio manager, UK equities

  • Yuko Takano
    Yuko Takano

    Portfolio manager, global equities

  • Paul Birchenough
    Paul Birchenough

    Portfolio manager, equity opportunities

  • Ian Smith
    Ian Smith

    Portfolio manager, equity opportunities

Strategy profile

Objective

To achieve long-term capital growth from a concentrated portfolio invested primarily in UK securities with the capability to hold non-UK securities

Comparative index

FTSE All-Share

Performance aim

To outperform the comparative index significantly over rolling 5-year periods

Typical number of equity holdings

30 to 50

Strategy size

£0.6bn (as at 30 June 2021)

Strategy inception

Composite inception: 1 April 2002

Strategy available through pooled UK vehicle

BNY Mellon UK Opportunities Fund

View fund performance
View Key Investor Information Document
View prospectus

UK Inst UK opportunities strategy factsheet

Strategy factsheet

Performance and commentary for the last quarter.

Download Factsheet
RI report UK Equity Opportunities

Responsible investment report

Stewardship activities (voting and engagement) for the last quarter and ESG metrics.

Download Report
Radio Telescope, Antenna, Telescope
Blog

UK technology stocks: under the radar?

We discuss opportunities in UK technology stocks.
Louise Kernohan
26 August 2021
Sector research, UK equities
UK equities: time to keep a cool head
Blog

UK equities: time to keep a cool head

With a good degree of recovery priced in, we discuss the outlook for UK equities.
Louise Kernohan
06 May 2021
Themes, UK equities
UK equities: why bond yields matter
Blog

UK equities: why bond yields matter

We assess the impact of rising bond yields on the UK equity market.
Louise Kernohan
23 March 2021
Themes, UK equities

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.

Key investment risks

  • There is no guarantee that the strategy will achieve its objective.
  • This strategy invests in international markets which means it is exposed to changes in currency rates which could affect the value of the strategy.
  • A fall in the UK market may have a significant impact on the value of the strategy because it primarily invests in this market.
  • The strategy will use derivatives to generate returns as well as to reduce costs and/or the overall risk of the strategy. Using derivatives can involve a higher level of risk. A small movement in the price of an underlying investment may result in a disproportionately large movement in the price of the derivative investment.
  • The strategy may invest in small companies which may be riskier and less liquid (i.e. harder to sell) than large companies. This means that their share prices may have greater fluctuations.
  • A fall in the value of a single investment may have a significant impact on the value of the strategy because it typically invests in a limited number of investments.