View more on these topics

Schroders adds five to global multi-sector team

Board-Room-Meeting-Room-Business-700

Schroders has added five people to its fixed income global multi-sector team, in both London and New York.

The asset manager has hired Paul Grainger as senior portfolio manager, coming from Wellington Management. He will join the London office, having spent 18 years in the industry, previously being associate partner and fixed income portfolio manager at Wellington.

Schroders has also added Mads Nielsen from GLG Partners. He previously worked on macro and total return quantitative strategies at GLG, and will now be a quantitative strategist at Schroders.

Schroders has also added a three-person team to the New York office. David Gottlieb, Vincent Messina and Whitney Tindale come from Third Wave Asset Management, a firm they founded last year. The trio will run a specalist strategy within the global multi-sector team, looking at relative value opportunities.

All the new hires will report to head of global macro Bob Jolly. The fixed income global multi-sector team run the UK, Euro and Global Aggregate, Global Sovereign, Absolute Return and Unconstrained strategies.

“Expanding the depth of talent within Schroders’ Global Macro team is about diversifying our sources of alpha. Hiring people with different skills and approaches is a way of increasing the consistency of returns for our clients,” says Jolly.

The firm says it will continue to add to the team following a large rise in assets at the fixed income team, from £27.5bn in 2009 to £77bn at the end of May.

Recommended

Royal London pays 90% of IP claims

Royal London paid 90 per cent of income protection claims last year, the provider’s latest claims statistics reveal. The business paid 73 new IP claims in 2014. Including ongoing claims, Royal London paid out £3.2m to 246 claimants last year. The average age of a policy claimant was 41 and the average payout was £13,000. […]

Old Mutual Wealth 2014

Old Mutual Wealth hires Architas investment specialist

Old Mutual Wealth has appointed Andrew Miller as investment specialist to the firm’s specialist sales team. Miller, who joins the company from Architas, where he was investment development manager, will focus on helping advisers establish and improve their investment propositions. Miller will also work with advisers to enhance their understanding of Old Mutual Wealth’s investment solutions, […]

Guide

Guide: day-to-day tasks ​— can your system manage?

This guide from Johnson Fleming will take you through the required communication and also give ideas for additional actions that will ensure your auto-enrolment project is a success. As well as highlighting what is required from a system to ensure it is up to the tasks, an overview of the following is also provided: data validation; data categorisation; employee communication; opt-in process; opt-out process; produce contribution schedule; contribution reconciliation process; upload of member data to pension provider; upload contribution to pension provider; manage salary sacrifice process; enrolment process; re-enrolment process; and management of increased employee queries.

Newsletter

News and expert analysis straight to your inbox

Sign up

Leave a comment