Newton Global Higher Income – £4bn James Harries & Nick Clay

Managers James Harries and Nick Clay have positioned their £4bn Newton Global Higher Income fund to be overweight North America and Europe ex UK – with current weightings of 39 per cent and 30 per cent respectively. Though cumulative performance has pushed the fund into the fourth quartile over the last year, year to date returns have been positive with the fund achieving 16 per cent.

(Source: FE Analytics)