View more on these topics

Schroders adds four ICE recruits to boost emerging market debt

Schroders has strengthened its emerging market relative return team with the appointment of four managers from California-based firm ICE Canyon.

James Barrineau joins the firm’s New York office as head of Latin American fixed income and co-head of EMD relative, reporting to Schroders global head of fixed income Karl Dasher. He will work alongside head of Asian fixed income Rajeev de Mello.

Reporting to Barrineau, Fernando Grisales has been recruited as a senior portfolio manager and Alec Moseley as senior portfolio manager and sovereign research analyst. Chris Tackney will join next month as senior portfolio manager for emerging market corporate bonds and will report to US fixed-income head Wes Sparks.

The new members will work with the London, Asian and Latin American-based emerging market debt team in further developing and managing Schroders’ emerging market debt relative return strategies.

The team runs about £4.5bn in emerging market debt, managed on an absolute return basis, as of December 31, 2011.

Hargreaves Lansdown investment manager Ben Yearsley says: “We are invested in the £3.7bn Schroder emerging market debt absolute return fund but it has been lacklustre for the past year.

“The new members will strengthen Schroders’ capability, where added resources are important when covering such a wide geographical area.”



Countrywide launches IFA consolidator led by Intrinsic founder

Property services group Countrywide and US-based investment management firm Oaktree Capital Management are launching an adviser consolidation vehicle. Bellpenny is expected to launch in July subject to FSA approval. Countrywide group chief executive officer Grenville Turner will be chairman, with Intrinsic Financial Services founder Kevin Ronaldson (pictured) as chief executive. Countrywide financial services director and […]

Out of context

“I will bring my feather boa.”Plan Money director Peter Chadborn gets ready for his close-up in the photo booth at the forthcoming Headline Money awards. “Get something better to talk about.”Association of Financial Mutuals chief executive Martin Shaw after being asked technical questions on Solvency II by an MM hack. “My personal favourite is OMG […]

Royal London new business falls 10 per cent

Royal London’s new life and pensions business fell by 10 per cent for the first three months of the year. The firm’s results, published today, show life and pensions new business fell from £843m for the same period in 2011 to £761m, with the firm blaming volatile markets. Bright Grey and Scottish Provident new business […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment