GUERNSEY - Newton Investment Management, a unit of Mellon Financial Corporation, has appointed Tony Crawley as managing director of its Guernsey operations.
Crawley reports to Colin Campbell, chief operating officer of Newton in London.
He joins from Rothschild Asset Management - where he was business development director - and will now focus on providing discretionary cash and fixed interest management to the local captive insurance market. In addition, he will promote the full range of Newton and Mellon services to individuals, trusts and corporate clients.
Newton has also made two additional appointments. Howard Beaufort, formally a director of Newton Private Investment Management in London and a former main board director of the Newton Group, will join as non-executive director. April LaRusse will also join as a board director. LaRusse is currently investment leader – UK bonds at Newton in London.
Commenting on the appointments, Colin Campbell, said: “We have a long history with Guernsey and are committed to expanding our presence in this market.”
The 100 largest global pension funds are widely ignoring climate-related risks despite recent warnings by UN scientists, the Asset Owners Disclosure Project (AODP) says.
Premier Inn owner Whitbread has cut its defined benefit (DB) pension deficit to £162m ahead of its agreed £3.9bn sale of Costa Coffee to Coca-Cola.
Trends in longevity and mortality have proven difficult to forecast historically, but are vital to funding schemes and ensuring adequate retirement pots. James Phillips explores the key influences
The two-sided simplified annual pensions statement should be applauded, even if it missing information, says Jonathan Stapleton.