BNY Mellon Global Equity

Manager research

Jeff Munroe

Munroe joined Newton in 1992, and was appointed as chief investment officer in 2001. As CIO, He is responsible for the effective functioning of Newton's investment process. He chairs the Investment Committee which acts as guardian of Newton's investment philosophy and culture. He is also a member of various Newton strategy and management groups. As a portfolio manager, he specialises in global equity and global multi-asset mandates including managing two local authority portfolios. His professional qualifications include being a Chartered Financial Analyst (CFA) and a member of The UK Society of Investment Professionals. He is a Director and member of the Newton Board as well as the Newton Executive.

Track record

Jeff Munroe has 7.7 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.09%. During the worst period of relative performance (from July 2012 - February 2018) there was a decline of 11% relative to the index. The worst absolute loss has been 10%.

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.