Newton bolsters investment team with key hires

2 February 2022

Mitesh Sheth joins as CIO of multi asset David Cumming and Georgina Cooper join UK equity team

Newton Investment Management,* part of BNY Mellon Investment Management, today announces the appointments of Mitesh Sheth, David Cumming and Georgina Cooper to its investment team. Mitesh joins as Chief Investment Officer of Newton’s £51.7bn multi-asset business by 1 March, and David and Georgina join Newton Investment Management’s £2.6bn UK equity team in early March and on 1 February, respectively.

Reporting to Euan Munro, Newton’s chief executive officer (CEO), Mitesh will have oversight of Newton’s multi-asset and fixed-income teams based in London, as well as Newton’s quantitative multi-asset solutions team in San Francisco. Previously, he served as CEO at Redington, having started at the firm in 2013 as Director of Strategy. Mitesh joined Redington from Henderson Global Investors where he was Head of Fixed Income and later Director of Business Innovation. He started his career as a fund manager researcher at AON and WTW.

David brings significant investment management experience to Newton, having most recently been Chief Investment Officer (CIO) of Equities at Aviva Investors. Prior to this, he was Head of Equities at Standard Life Investments. David has been an active UK equity manager for more than 35 years and will bring unique perspective and experience to Newton’s UK equity team. He will report to John Porter, Newton’s CIO of Equities and will manage Newton’s UK Equity Income strategy / the BNY Mellon UK Income Fund.

Georgina will join the management team of Newton’s UK Equity and Sustainable UK Opportunities strategies / BNY Mellon UK Equity and BNY Mellon Sustainable UK Opportunities Funds. She joins from Abrdn where she was a UK equities portfolio manager, and she will report to Louise Kernohan.

Source: Newton