Newton expands institutional business development team

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UK-based Newton Investment Management, part of BNY Mellon, has appointed Elizabeth Para as UK institutional business development manager.

Joining a team of 14 employees, she will be responsible for building new client relationships and driving Newton’s presence in the corporate and local authority pensions market.

Para was hitherto working at Fundsmith focusing on institutional sales and consultant relations. Formerly, she held roles in fixed income and currency business development at State Street Global Advisors, BNP Paribas Investment Partners and Alliance Bernstein.

In February, Newton appointed Catherine Booth as UK institutional business development manager, who joined from Barings. At Barings, she was a member of the institutional sales team responsible for distributing funds to institutional clients, with a specialist focus on multi-asset strategies.

Newton manages £52.8bn (€73.3bn) as at 31 March 2015.

ABOUT THE AUTHOR
Adrien Paredes-Vanheule
Adrien Paredes-Vanheule is deputy editor and French-Speaking Europe Correspondent for InvestmentEurope, covering France, Belgium, Geneva and Monaco. Prior to joining InvestmentEurope, he spent almost five years writing for various publications in Monaco, primarily as a criminal and financial court reporter. Before that, he worked for newspapers and radio stations in France, in particular in Lyon.

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