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Morgan joining Newton

Newton Investment Management has appointed Harry Morgan as head of its private client business in Scotland.

Morgan was formerly director and head of Edinburgh Fund Managers&#39 private client arm, where he doubled assets under management to £300m in the five years to his departure at the end of 2002.

He will have the task of performing a similar feat at Newton&#39s private investment management division, which has £4bn under management, with £400m-£500m to be overseen by Morgan. He says he expects to grow that amount substantially.

Newton has also appointed Peter Henderson as a fund manager in its charities team. He joins from Cazenove, where he had been head of charities since 1995.

Morgan says: “I have been very impressed with the company and the way it is so foc-used on its investment process. It does exactly what it says on the tin.”

Newton Private Investment Management managing director Mark Rayward says: “These arrivals underline Newton&#39s long-term commitment to growing our share of the UK private client and charities asset management market.”

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