Newton awarded three double-A-ratings

  • Story by: Rob Langston
  • Magazine: InvestmentAdviser
  • Published Monday , October 27, 2008

Ratings agency and fund analyst Standard & Poor’s Fund Services has given double-A-ratings to three Newton funds.

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The Newton Growth, Newton Income and Newton UK Opportunities funds have all been upgraded from single-A-ratings for their consistency and quality of analytical processes. Helena Morrissey, chief executive at Newton Investment Management, said: “Against a backdrop of heightened economic turmoil and continued stock market volatility, it is great to be recognised for the consistency of our investment process by S&P Fund Services.”

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