Specialist Multi-Asset

Strategy highlights

: Security selection driven by bottom-up proprietary research which incorporates consideration of environmental, social and governance (ESG) risks, issues and opportunities
Invests in attractively valued securities, with a sustained allocation to bonds and cash
Tailored portfolio to meet client-specific requirements

Our philosophy and process

A constantly evolving and forward-looking approach seeks to anticipate change, manage risk, and identify opportunities. Stock selection is driven by the use of investment themes, rather than by benchmark composition.
Material ESG risks, opportunities and issues are considered as part of the investment research process.

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 Specialist Multi-Asset strategy is managed by an experienced team. Our investment team of research analysts and portfolio managers works together across regions and sectors, helping to ensure that our investment process is highly flexible. Guided by our global investment themes, we seek to identify opportunities and risks through research and debate.

30: years’ average investment experience
18: years’ average time at Newton

Oliver Larminie

Portfolio manager, charities and specialist institutions
Hilary Meades

Head of charities investment
Simon Nichols

Portfolio manager, global opportunities team
Bhavin Shah

Portfolio manager, multi-asset team
Tim Wilson

Portfolio manager, multi-asset team
Alison El-Araby

Portfolio manager, multi-asset team

Strategy profile

Objective: The strategy seeks to outperform a tailored client-specific benchmark, by achieving long-term capital growth from investment in a diversified portfolio of international securities
Performance benchmark: Specialist/tailored
Typical number of equity holdings: 60 to 110
Strategy size: £7.5bn (as at 30 June 2022)
Strategy inception: Composite inception: 1 January 1996

Key Investor Information Document

Prospectus

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.

Newton will make investment decisions that are not based solely on ESG considerations. Other attributes of an investment may outweigh ESG considerations when making investment decisions. The way that ESG considerations are assessed may vary depending on the asset class and strategy involved. The research team performs ESG Quality Reviews on equity securities prior to their addition to Newton’s Research Recommended List (RRL). ESG Quality Reviews are not performed for all fixed income securities. The portfolio managers may purchase equity securities that are not included on the RRL and which do not have ESG Quality Reviews. Not all securities held by Newton’s strategies have an ESG Quality Review completed prior to investment, although since 2020 it has been a requirement for all (single name) equity securities to have an ESG Quality Review before they are purchased for the first time.

Key investment risks

: There is no guarantee that the strategy will achieve its objective.
This strategy invests in global 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.
Investments in bonds are affected by interest rates and inflation trends which may affect the value of the strategy.
The strategy holds bonds with a low credit rating that have a greater risk of default. These investments may affect the value of the strategy.
The strategy may invest in emerging markets. These markets have additional risks due to less developed market practices.
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.