Our philosophy and process
- Detailed fundamental stock analysis is conducted by specialist analysts. A constantly evolving and forward-looking approach seeks to anticipate change, manage risk, and identify opportunities.
- 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 UK Equity Income 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.
- 24
- years’ average investment experience
- 18
- years’ average time at Newton
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David Cumming
Head of UK Equities
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Tim Lucas
Portfolio manager, UK Equities team
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Jon Bell
Portfolio manager, equity income team
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Robert Hay
Portfolio manager, global equity income
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Paul Flood
Head of mixed assets investment
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Zoe Kan
Portfolio manager, emerging and Asian equity income
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John C Bailer
Deputy head of equity income, portfolio manager
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Brian Ferguson
Portfolio manager, equity income team
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Peter D Goslin
Portfolio manager, equity income team
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Keith Howell Jr.
Portfolio manager, equity income team
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Adam Logan
Portfolio manager, equity income team
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James A Lydotes
Deputy chief investment officer, equity
Strategy profile
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Objective
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The strategy seeks to outperform the FTSE All-Share index by more than 2% per annum over rolling 5-year periods, by achieving income and capital growth from a portfolio comprised predominantly of UK securities. The strategy is designed to yield at least 110% of the FTSE All-Share Index yield over a rolling 3-year period.
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Performance benchmark
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FTSE All-Share
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Typical number of equity holdings
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40 to 60
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Strategy size
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£1.1bn (as at 30 June 2022)
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Strategy inception
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Composite inception: 1 January 1996
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Strategy available through pooled UK vehicle
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BNY Mellon UK Income Fund
View fund performance
View Key Investor Information Document
View 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.