NewSmith Asset Management

NewSmith Asset Management was an independent investment management partnership based in London, founded in 2003 by a group of senior former Merrill Lynch executives. The firm specialized in managing a variety of equity strategies, including long-only and hedge fund products, with a particular focus on European and Japanese markets. At its peak, the firm managed over $1 billion in assets for institutional investors and private clients. In February 2015, NewSmith was acquired by Man Group, a global active investment management firm, to bolster its discretionary investment platform. Following the acquisition, NewSmith's investment teams and assets were integrated into Man Group's GLG division.