The £25m Newton Osprey fund is being promoted to a wider range of investors beyond the firm’s staff for the first time since its 2004 launch.
The vehicle, run by Robert Shelton, had been available to Newton staff and their families but was not distributed by BNY Mellon Investment Management EMEA.
Fergus McCarthy, head of UK intermediary sales for BNY Mellon Investment Management, said changes had been made to the fund following demand from wealth managers.
The fund has now moved to daily trading, daily valuation and daily annual management charge calculation and accrual, as well as the addition of an institutional share class, to make it available to a wider range of investors.
Mr Shelton, who joined Newton in 1984, was the lead manager on the Newton Income and Newton Managed funds until a car accident forced him to step down from these responsibilities.
Mr McCarthy said: “Many investors will remember Robert Shelton’s fantastic track record and reputation in the market.
“Historically we have not marketed this fund at the request of [Mr Shelton] but with his agreement, and following demand from wealth managers, we’re delighted to now be able to offer investors access to a fund which showcases the expertise of Newton’s 20 global career analysts and Robert’s many years of experience of investing in global stock markets.”