New City Investment Managers was established in 2004 to provide specialist fund management services for investors.
New City's founder is Richard Lockwood who has worked in the City since 1959. Richard set up New City's first fund City Natural Resources High Yield Fund in June 2003.
New City is now responsible for 5 investment funds: 4 resource funds and a high yield fund which are managed by a specialist investment team with a wealth of experience across the natural resources and high yield sectors.
City Natural Resources High Yield Trust
2012 Investment Week's Investment Company of the Year Best Commodity and Resources Trust
2012 Winner of Investors Chronicle Awards for Best Commodity Trust
2011 Winner of Investment Week’s Investment Trust of the Year for Best Specialist Trust
New City was acquired on 1st October 2007 by CQS, a global diversified asset management group with US$10.8billion (estimated) under management (as at end October 2011).