Paul’s existing role at Newton as Head of Fixed Income will be assumed by Ella Hoxha, who joins from Pictet Asset Management, on 31 July. Paul will retain his current portfolio management responsibilities through a transition period, after which they will be assumed by Ella.
In the newly created role, Paul will focus on developing Newton’s multi-asset capabilities, drawing on his near 40 years of investment experience, and 20 years leading Newton’s fixed income team. Reporting to Mitesh Sheth, Multi-Asset CIO at Newton, Paul will contribute to macro investment idea generation across the franchise, working on the expansion of Newton’s research themes, and on product innovation, to ensure clients have access to solutions fit for the changing economic environment.
Paul’s deep expertise in macro-analysis will be utilised across the full breadth of Newton’s multi-asset capabilities, with additional oversight of multi-asset portfolios. Paul will remain a key resource for Newton’s Fixed Income franchise, providing macro ideas, a sounding board and wider support.
Ella joins a highly established and successful fixed income franchise at Newton and will take ownership of further developing Newton’s fixed income product offering, working closely with the existing team.
Ella brings over two decades of fixed income expertise, having most recently held the role of Senior Portfolio Manager at Pictet, focusing on global fixed income strategies. Ella also led the development and launch of Pictet’s Global Climate Government Bond Fund, playing a key role in the company’s ESG efforts in the fixed income space. Prior to Pictet, Ella held senior portfolio management roles at Wellington Management and Invesco.
“Newton is renowned for its strong pedigree in both multi-asset and fixed income, and the leadership of these offerings is a core part of our success,” said Euan Munro, CEO at Newton. “Paul has been with the business for over 20 years and has a depth of experience that will provide our multi-asset franchise with a rigorous leader committed to delivering innovative client solutions anchored on investment performance. Alongside Mitesh, Paul will help to challenge investment conventions and evolve our proposition such that Newton’s products remain at the forefront of the market.”
“Ella joins a highly respected fixed income team at Newton, and her leadership will be key to further developing our credentials in the market,” added Munro. “Our team-based top-down thematic approach to fixed income investment is critical to our success as a business, and I am confident Ella will be a great fit for the role.”
