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
11
years’ average time at Newton
  • Paul Markham
    Paul Markham

    Head of Global Opportunities

  • Simon Nichols
    Simon Nichols

    Portfolio manager, Global Opportunities team

  • Paul Birchenough
    Paul Birchenough

    Portfolio manager, Global Opportunities team

  • Ian Smith
    Ian Smith

    Portfolio manager, Global Opportunities team

  • Aditya Shah
    Aditya Shah

    Portfolio analyst, Global Opportunities team

  • Karen Miki Behr
    Karen Miki Behr

    Portfolio manager, Global Opportunities team

  • Jonathan Dennis
    Jonathan Dennis

    Portfolio analyst, Global Opportunities team

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

Why now for US small and mid-cap investments?
Audio

Why now for US small and mid-cap investments?

Hear equity CIO John Porter discuss investment opportunities within the US small and mid-cap sector.
23 June 2022
Global equities, Macro views
Investment matters: Russia, China and the new world order
Audio

Russia, China and the new world order

How the Ukraine conflict could change the geopolitical and investment landscape.
18 May 2022
Emerging markets & Asia, Fixed income, Global equities, Macro views, Ukraine
Global equity
Video

Global Equity – quarterly outlook

Portfolio manager Paul Markham discusses how the Russia-Ukraine conflict and inflation are influencing portfolio positioning.
18 May 2022
Global equities, Macro views

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.