Our philosophy and process

  • The strategy is conviction-based, with no regional or sector constraints. We take a holistic, single-portfolio approach.
  • Environmental, social and governance (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.

Smart revolution

Machines and networks are becoming more intelligent. This is disrupting the labour market, as machines increasingly replace humans in the workplace. ‘Smart revolution’ considers the implications commercially, socially and politically.

Net effects

The world has made the transition from connecting places to connecting people to connecting devices. The rapid rise in the ‘internet of things’ is transforming lifestyles and business. This creates winners and losers – our ‘net effects’ theme seeks to identify them.

China influence

The influence of China on the world has grown exponentially but its economy looks increasingly risky. ‘China influence’ looks at how the country’s development affects the investment outlook beyond its borders.1

1 Compared to more established economies, the value of investments in emerging markets may be subject to greater volatility owing to differences in generally accepted accounting principles or from economic or political instability or less developed market practices.

Financialisation

Cheap money has caused rapid growth in a sector already supported by deregulation. ‘Financialisation’ investigates the implications of finance dominating economic activity, instead of serving it.

Investment team

Our Global Equity strategy is managed by a team with a wide range of backgrounds and varied experience. 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.

18
years’ average investment experience
15
years’ average time at Newton
  • Paul Markham
    Paul Markham

    Portfolio manager, global equities

  • Jeff Munroe
    Jeff Munroe

    Investment leader, global equities

  • Charles French
    Charles French

    Head of Equity Opportunities

  • Yuko Takano
    Yuko Takano

    Portfolio manager, global equities

  • Ben Smith
    Ben Smith

    Portfolio manager, UK equities

  • Simon Nichols
    Simon Nichols

    Portfolio manager, UK equities

  • Sophia Whitbread
    Sophia Whitbread

    Portfolio manager, emerging and Asian equities

  • Sahil Mali
    Sahil Mali

    Investment Analyst

Strategy profile

Objective

To achieve long-term capital growth from a portfolio of global securities.

Literature

RI report Global equity

Responsible investment report

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

Download Report

Quarterly video update: Q3 2020

Quarterly video update
US election
Blog

Biden: his time

We assess the implications of Joe Biden’s US presidential election victory.
Paul Markham
20 November 2020
Global equities, Macro views
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
03 July 2020
Global equities, Real Return, Responsible investment, Sector research, Sustainable
Harnessing themes for long-term investment returns
Article

Harnessing themes for long-term investment returns

How we try to cut through the near-term noise to find long-term growth stories.
13 May 2020
Global equities, Sector research

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.
  • The strategy may 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 emerging markets. These markets have additional risks due to less developed market practices.
  • 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.
  • 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.