Newton appoints responsible investment head
Newton, part of BNY Mellon Investment Management, has appointed Andrew Parry to lead its responsible investment team from 14 October.
He joins from Hermes Investment Management where he was head of sustainable investing and previously held roles at the firm including head of equities and impact investing.
Based in London, Parry will report to Newton chief investment officer Curt Custard.
His role at Newton would involve growing the firm’s sustainable business, overseeing its sustainable strategies and communicating the firm’s approach to responsible investment.
Custard said: “Andrew’s hire underpins the strategic importance and commitment that Newton places on responsible and sustainable investment. We have a long track record and heritage embedding ESG [environmental, social and governance] across our investment strategies and in developing leading responsible investment capabilities, having been evolving our approach since inception in 1978.
“Andrew’s experience in responsible and sustainable investment will be hugely valuable as we continue to develop our offering in response to our clients’ needs.”
Recommended for you
The CEO of L1 Group, formerly known as Platinum Asset Management, has stepped down with immediate effect, and the asset manager has announced his replacement.
Private equity manager Scarcity Partners has backed a specialist investment manager focused on metals and mining, seeking to meet investor demand for real assets.
UK fund manager Aberdeen Investments has launched an emerging market equity strategy for Australian investors, broadening the reach of an existing strategy.
Passive ETFs are seeing stronger flows than their active counterparts despite the proliferation of active launches this year, according to Morningstar.

