Citywire Selector - For Professional Investors

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Newton IM names new lead on €2.6bn Asian income fund

Newton IM names new lead on €2.6bn Asian income fund

Newton IM has named Zoe Kan as a new lead manager on the Newton Asian Income fund almost exactly one year after former star manager Jason Pidcock left the firm.

The £2.1 billion (€2.6 billion) regional equity fund had been moved to a team-managed approach in the wake of  to join rival Jupiter Asset Management. Pidcock has subsequently launched a similar strategy at his new employer.

This latest move has seen Kan promoted to take the lead position after being involved in the management of the strategy for more than a decade.  Meanwhile, Robert Marshall-Lee will be named as the alternate manager on the fund.

Marshall-Lee remains a head of merged Emerging market and Asian equity teams, which were restructured at the same time as Pidcock's departure. While Kan will be ultimately responsible for the fund, there will be input in line with the firm's team-based approach.

Newton’s Emerging and Asian equity team consists of eight investment professionals with an average of eight years at Newton and 11 years in the industry.

Commenting on the new appointment, Marshall-Lee, said: 'Zoe is a natural choice to lead the fund, given her significant experience on the fund itself and in Newton’s wider management of Asian equities.'

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Events
  • Citywire Luxembourg Forum

    Citywire Luxembourg Forum

  • Citywire DACH 2017

    Citywire DACH 2017

  • Citywire Italy 2017

    Citywire Italy 2017

  • Citywire Berlin 2017

    Citywire Berlin 2017

  • Citywire Miami 2017

    Citywire Miami 2017

  • Citywire Professional Buyer

    Citywire Professional Buyer

  • Citywire Madrid 2017

    Citywire Madrid 2017

  • Citywire Switzerland Retreat 2017

    Citywire Switzerland Retreat 2017

  • Citywire Amsterdam 2017

    Citywire Amsterdam 2017

  • Citywire Frankfurt 2017

    Citywire Frankfurt 2017

  • Citywire Alternative Ucits Retreat 2017

    Citywire Alternative Ucits Retreat 2017

  • Citywire Paris 2017

    Citywire Paris 2017

  • Citywire Milan 2017

    Citywire Milan 2017

  • Citywire Deutschland 2017

    Citywire Deutschland 2017

  • Citywire DACH 2017

    Citywire DACH 2017

  • Citywire Italy 2016

    Citywire Italy 2016

  • Citywire Milan 2016

    Citywire Milan 2016

  • Citywire Alt Ucits 2016

    Citywire Alt Ucits 2016