Newton

Jason Pidcock's Newton Asian Income fund saw outflows of £350m in May, the month in which the manager's departure from the firm was announced, according to data provider estimates.

BNY Mellon Investment Management is making the Newton Global Emerging Markets fund available to UK retail investors by merging it into its UCITS fund range.

Newton Global Emerging Markets

Fund buyers are debating whether to sell out of the £4.4bn Newton Asian Income fund following the departure of Jason Pidcock, while asking if he can replicate his success at Jupiter.

The departure of Newton's Asian Income manager Jason Pidcock came as a shock to fund buyers earlier today, but what are the options for those wishing to move their cash?

Newton Investment Management's Jason Pidcock is leaving the group to set up an Asian income strategy at Jupiter.

Legal & General Investment Management chief executive Mark Zinkula has said some asset managers have been left behind the curve in the face of the numerous pressures being exerted the funds industry.

The manager of the £1.9bn Newton UK Income fund is running close to his maximum overseas allocation in an effort to mitigate the risks to the fund from the upcoming UK election.

Fund managers give their views on the key issues impacting global asset classes and outline how they are positioning portfolios.

Nick Clay, alternate manager on the Newton Global Higher Income fund, has said the Federal Reserve may yet take further monetary easing measures instead of the expected tightening.