Cowley Leaves Newton for Old Mutual

Paul Brain to take on lead Newton role as Cowley departs for OMAM.

Christopher J. Traulsen, CFA 15 December, 2008 | 1:04PM
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Newton's Stewart Cowley has left the firm for Old Mutual Asset managers. Cowley had been head of fixed interest at Newton and also managed BNY Mellon Global Bond, BNY Mellon Sterling Bond, and Newton International Bond.

Newton has appointed Paul Brain, who has been at the firm since 2004, to head the fixed-income unit and to take on Cowley's former funds. Newton has also created a new reporting line from its credit analysts to head of global equity Simon Pryke. The change is intended to promote more robust collaboration

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About Author

Christopher J. Traulsen, CFA  is director of fund research, Europe and Asia, Morningstar.