View more on these topics

Schroders fixed income manager exits


Schroders fixed income manager Gareth Isaac has left the asset manager.

Isaac worked in the global multi-sector team and manages or co-manages a number of bond funds at the asset manager, including the Schroder ISF Global Inflation Linked Bond fund, the Schroder Strategic Bond fund and the Schroders Absolute Return bond fund.

Schroders is looking for a replacement for Isaac, but will split his fund management responsibilities between the existing team, led by Paul Grainger, senior portfolio manager, and Bob Jolly, head of global macro strategy.

A statement from Schroders says: “Gareth Isaac is leaving Schroders’ Global Multi-Sector team to pursue opportunities outside the firm. Paul Grainger, senior portfolio manager with over 20 years of investment management experience will continue to lead the fund management function within the team.

“Alongside Paul and Bob will be experienced portfolio managers James Lindsay-Fynn, Thomas Sartain and Jamie Fairest, who are supported by 40 fixed income and quantitative analysts. We will look to further strengthen the team in due course.”

Isaac has been with Schroders for five years, joining from GLG Partners where he was a fixed income manager. He has previously worked at Societe Generale, Axa Investment Managers and Newton Asset Management.



Schroders suffers £3.3bn adviser outflows

Schroders has suffered £3.3bn outflows from advisers spooked by market volatility as it announces total assets under management of £343.8 billion for H1 2016, compared to £309.9 billion a year earlier. Sterling weakness has helped boost assets under management by £28.5bn. The asset manager says volatile markets were impacting investor sentiment, particularly in the UK and Asia, […]


Schroders acquires $4bn fixed income team

Schroders has agreed a deal to buy a $4bn (£2.7bn) fixed income team from US-based Brookfield Investment Management. The asset management giant will acquire Brookfield’s securitised products investment management team, which is led by Michelle Russell-Dowe. The deal will see the firm’s asset and mortgage-backed securities team join Schroders’ existing New York-based ABS team, with the combined teams collectively running $8bn. […]

How to exploit the ECB’s corporate bond buying

In April the European Central Bank  dripfed investors more details about its corporate bond buying programme, which had caught the market by surprise when it was announced a month earlier. Whether or not the expanded €80bn-a-month asset-buying programme, which already includes government debt and mortgage-backed notes, will achieve its aim of boosting the real economy, corporate […]

When will US rates rise?

By Felix Wintle, Investment Director & Head of US Equities The most recent communication from Federal Reserve chair Janet Yellen has put the market’s sights on September as the most likely month for the first rate rise. This is due to the stronger than expected economic data of late, particularly in employment and housing, which […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment