View more on these topics

Ex-Schroder Tokyo star Clough returns to fund management

Former Schroder Tokyo star manager Denis Clough has joined Morant Wright.

This week’s Money Marketing reveals that Clough (pictured) will be part of a team of six at the asset manager which was formed by Stephen Morant and Ian Wright in 1999 and specialises in quoted Japanese equities.

Clough managed Schroders Tokyo fund from 1985 to 2004.It became AAA-rated and in the 10 years to March 2004 ret­urned 9.8 per cent in the IMA Japan sector compared with an average fall of 21.2 per cent.

He stepped down from the Tokyo fund in March 2004 and was replaced by Andrew Rose, before taking on the Schroder European fund. He left the firm in 2007 to take a break from fund management.

Morant Wright has £1.86bn of assets under management. Clough will work across all four of its funds as the firm operates a team process with all the managers working on all the funds.

Morant Wright compliance officer Alasdair McKerrell says: “Denis is a hugely experienced fund manager and has a trem-
endous reputation in the industry and we are delighted to add him to our team.”

Hargreaves Lansdown inv­estment manager Ben Yearsley says: “His appointment is a huge coup for the firm.”


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm