Schroders multi-asset portfolio manager Mike Spinks is leaving the firm to pursue opportunities outside the group.
Spinks was previously co-portfolio manager on the Schroder Diversidied Growth fund with head of multi-asset investment Johanna Kyrklund and co-portfolio manager on the Schroder Completion fund with Tim Carr.
Schroders has announced Remi Ajewole will replace Spinks as co-portfolio manager of the Schroder Diversified Growth fund. Ajewole joined the multi-asset team in 2006 and managed £5.5bn of UK balanced portfolios.
Martin Blank will become co-portfolio manager of the Diversified Completion fund working alongside Carr. Blank joined Schroders in 2001 and has held analyst and portfolio management roles both with Schroder Investment Management and Schroders NewFinance Capital.