Newton Investment Management, the UK asset management subsidiary of Pittsburgh-headquartered Mellon Financial Corporation, has announced the...

Newton Investment Management, the UK asset management subsidiary of Pittsburgh-headquartered Mellon Financial Corporation, has announced the appointment of Christopher Flather and Robert Crabtree to its Leeds Private Investment Management office.

Both come from Singer & Friedlander and will be responsible as directors of investment management for managing private client portfolios, reporting to Peter Anwyl-Harris who has management responsibility for the Leeds office.

A spokesman for Newton told WealthBriefing that the appointments aim to build on Newton’s existing client strengths and investment capabilities in the North of England, as another step in the development of Newton’s private investment management business.

The company opened an office in Leeds in 1993 to bring a bespoke investment service to its northern client base; the Leeds office now manages assets in excess of £800 million.