MoneyAM Fund Centre

Quick Stats

Fund Objective

To maximise the total return, comprising income and capital growth. The Fund is managed to seek a minimum return of cash (1 month GBP LIBOR)+2%per annum over five years before fees. In doing so, it aims to achieve a positive return on a rolling three year basis (meaning a period of three years, no matter which day you start on). However, a positive return is not guaranteed and a capital loss may occur.

Fund Managers

Paul Brain

Paul is investment leader of the Fixed Income team. He joined Newton in 2004, and manages a range of global bond funds. He is also the lead manager of Newton’s Global Dynamic Bond strategy. Paul is chairman of the bond/ FX strategy group, and a member of the global strategy group and the investment committee. Paul has held a number of senior fixed income positions within the industry at MSG & Partners, Investec and Credit Suisse.

Howard Cunningham

Howard is a fixed income portfolio manager. He joined Newton in 2000 as a senior credit analyst with particular responsibility for investment-grade bonds, and took on portfolio management responsibilities in 2002. In addition to his responsibilities as manager of the Newton Long Gilt Fund, Newton Index-linked Fund, Newton Long Corporate Bond Fund and certain segregated credit portfolios, he is also the co-manager of the Newton Global Dynamic Bond Fund. Howard began his career in NatWest Group, working in a variety of corporate relationship and credit roles. He is an Associate of the Chartered Institute of Bankers, and a member of the UK Society for Investment Professionals.

Parmeshwar Chadha

Parmi is a fixed income fund manager. In addition to his responsibilities as manager of the Newton Global High Yield Fund he is also the lead manager on all of Newton’s high yield positions. Parmi is also the co-manager of the Newton Global Dynamic Bond fund. He is a member of the bond/FX and credit strategy groups, and of the weekly credit meeting. Parmi began his career at Citigroup, where he worked in global portfolio management and became a senior associate. He joined Newton in 2006, and is a CFA charterholder.

Jon Day

Jon is a global bond portfolio manager and representative for the fixed income team in relation to Newton’s multi-asset strategies. He has also developed several econometric models for credit markets and other data. Jon joined the fixed income team at Newton in 2002, prior to which he qualified as a chartered accountant at KPMG, where he was a member of the audit department and specialised in the financial services industry. He became a CFA charterholder in 2005. 13 years at Newton and 17 years investment experience

Carl Shepherd

Carl Shepherd holds a degree in BA (Hons) and has Passed level I of the Chartered Financial Analyst (CFA) programme. Right from 2000 - 2002, he had been part of the Legal & General Client services (DC pensions) group. From 2002, he belongs to the Investment manager (fixed income) group of Newton Investment Management.Carl is a portfolio manager in our Fixed Income team with a focus on emerging-market government bonds.