John Newlands - Director
He is a member of the Association of Investment Trust Companies (AITC)´s Statistics Committee and Split Capital Working Party, and of the Money Marketing/IFA(UK) panel of experts, which attends sponsored conferences around the country several times each year. He was also recently invited to join the AITC’s speakers’ panel for similar country-wide events. His 140-page report Split Capital and Highly Geared Investment Trusts, published in May 2000, was used as a reference document by the recent House of Commons Treasury Select Committee as part of its 2002 enquiry into splits. Copies of this report were also requested by both the FSA and the Financial Ombudsman Service, for reference purposes, as part of their own investigations into the split capital sector. In earlier years, John was recruited into the trust industry by David Thomas, the prominent ´splits´ designer, at Greig Middleton & Co. This followed a career change from the Royal Navy and an MBA degree awarded by Edinburgh University, as part of which his dissertation was entitled "An analysis of split capital investment trusts". In addition to his work as an analyst John has written two hardback books about the trust sector and its origins. His first book, Put Not Your Trust in Money, the official history of the UK investment trust industry, was published by Chappin Kavanagh in 1997. This was followed two years later by F&C - A History of Foreign & Colonial Investment Trust, written jointly with Neil McKendrick, Master of Gonville & Caius College, Cambridge. In 2004 John contributed two chapters to The Split Capital Investment Trust Crisis, a hardback book edited by Dr. Andrew Adams of Edinburgh University and published that October by John Wiley & Co. Other contributors to the book include AITC Director General Daniel Godfrey, Treasury Select Committee Chairman John McFall MP, Robin Angus, David Harris, James Clunie, Piers Currie and Professor Andrew McCosh. His most recent writing task, entitled The Role and Employment of Corporate Brokers was commissioned by the AITC and published in November 2004. Email: jn@newlandsfr.co.uk |
John Newlands describes himself as a golf-obsessed ex-missile engineer who came upon investment trusts and found what he liked. More specifically, he is an Edinburgh-based investment trust analyst with a particular interest in split capital funds and their structures. Prior to forming his own consultancy in January 2003, he was investment trust analyst at the London stockbroking firm of Williams de Broë Plc.