EXCLUSIVE: Newton Investment Management appoints Andy Warwick to bolster real return team

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Newton Investment Management has appointed former BlackRock manager Andy Warwick to its real return team.

The fund management firm - part of BNY Mellon Investment Management - said Warwick would join on 30 July and work as co-lead portfolio manager on the Newton and BNY Mellon real return strategies, alongside co-lead portfolio managers Suzanne Hutchins and Aron Pataki.

Newton employs a team-based approach to manage its real return strategies, which include the £10bn Newton Real Return Fund, and also includes portfolio managers such as Iain Stewart, Matt Brown and Phil Shucksmith.

Warwick joins from BlackRock where he was co-manager of the BlackRock Dynamic Diversified Growth Fund, as well as being manager of the BGF Flexible Multi-Asset Fund, BlackRock Balanced Growth Fund and BlackRock Balanced Managed Fund.

Commenting on the appointment, Newton Investment Management chief commercial officer Julian Lyne said the move was an "additive hire" to the firm's team-based approach - noting the hire was about making sure the firm had the right level of resource to deliver to those already in the strategies as well as new clients.

Lyne said: "The expansion of our real return team, with the appointment of Andy, is a strong recognition of the importance of the strategy to our business and the growth we expect from it in the UK and other markets around the world.

"With 20-years of experience running multi-asset funds, Andy will bring a highly complementary skill set to the real return team, particularly in cross-asset-class research, macro input and portfolio construction. He has significant experience across asset classes, including equities, fixed income, commodities, credit, volatility and alternatives."

He added: "The strategy will continue to be based on its fundamental principles, but its approach will continue to evolve as the strategy seeks to navigate an evolving financial landscape and exploits a broad opportunity set to meet the requirements of our clients."

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