Shelton expected back at Newton by summer

Robert Shelton, AAA-rated manager of the Newton Income and Managed funds, is expected to return to work by the summer, following a car accident earlier this year. Standard & Poor's had maintained Shelton's AAA rating on the £1.06bn Newton Income fund for an unmatched 11 consecutive years but placed the fund's rating under review after news of his accident broke on 1 March. This was reversed after just four days when the ratings agency was told by Newton that Shelton was expected to be back at work by 1 August, the date he is due to face Standard & Poor's analysts for his biannual fund ...