Newton Investment Management, a London-based global asset management subsidiary of BNY Mellon and part of BNY Mellon Asset Management, has appointed Simon Pryke as head of its private investment management (PIM) division.
M. Pryke previously held the role of investment leader of global research at Newton, a position he had held since 2003. He joined Newton’s global research team in 1996 as a financials analyst. He will also join the Newton board of directors.
Roger Wilkinson will succeed Mr Pryke as investment leader of global research. He joined Newton in 2000 as a telecoms analyst in the research team.
Mr Pryke said: “I firmly believe that a vibrant and larger private client and charities franchise is within our reach, due to the quality of the people we have in place, and the tremendous firm-wide investment resource behind our offering. I look forward to leading this group to the next stage of its development.”
Helena Morrissey, CEO at Newton, said: “As an investment-led firm, it is particularly exciting to have such a senior investor and experienced manager in this role. We have confidence this appointment will allow us to build on our excellent reputation in the marketplace and further lever our resources to the benefit of all our clients.”
