Newton Investment Management, part of BNY Mellon, has made a pair of hires from UBS’s charities team, including Andrew Pitt, its former head of charities, who will replace Jamie Korner who is to retire, according to an internal note seen by WealthBriefing.

Pitt will be joining Newton in September as head of charities, a role in which he will have overall responsibility for co-ordinating the firm’s charities strategy.

In addition Paul Mitchell, also from the charities team at UBS, will join Newton in August; he will assume a number of charity client relationships, while being actively engaged in the development of the charities business.

Korner will retire with effect on 30 September 2011 after sixteen years at Newton and some twenty-eight years in the City, the note said.