Haubelt to lead BNY Mellon Global Income as Nick Clay and others depart

Joins from Deka Investments

Manager of the BNY Mellon Global Income fund Nick Clay is set to leave Newton Investment Management after 20 years at the firm, alongside co-manager Andrew MacKirdy and two analyst colleagues to join another business, Investment Week can reveal.

Investors in the £5.2bn AUM fund have been told this morning of the departures as well as the appointment of Ilga Haubelt, who had served as head of equity opportunities, and is now taking over lead management of the strategy and Newton's equity income hub, Investment Week understands. Newton CEO appointed non-exec at Bank of England With more than 20 years' experience Haubelt previously worked at Deka Investment, where she was global head of equities and lead portfolio manager of its €6.8bin global equity income fund, which she built up from around €300m in assets in her time there. ...