NewSmith wins Fund Management Award

London, Wednesday, October 18, 2006

NewSmith Capital Partners is pleased to announce that it has been named "Boutique of the Year" by Financial News, a leading industry publication, in its annual Awards for Excellence in Institutional Asset management - Europe.

NewSmith Partner and UK investment leader Steve Thompson accepted the award at a reception in London on October 17.

"We are naturally delighted to receive recognition for NewSmith’s progress in institutional asset management,” he said. “This reflects our continuing progress as a firm, and most of all the continuing support of our clients.”