The board of the Schroder UK Growth fund is dumping Schroders as its manager and replacing it with Baillie Gifford, citing continuous underperformance since inception as the reason behind the decision.
Schroders revealed a strong full-year report on Thursday, with net inflows at almost £10bn, compared to £1.1bn in 2016.
Schroders’ Stuart Podmore gives the lowdown on the psychology behind emotion-driven investor behaviour.
Inflation expectation is prioritised as a major risk in the fund managed by Patrick Brenner, head of multi-asset investment Asia at Schroders.
Old Mutual International appoints for a Singapore wealth push, a veteran at Schroders announces his retirement and Aviva Investors has hired two Asian fixed income specialists.
Investors are not saving enough for retirement, a survey of more than 22,000 investors from 30 countries has found.
Despite adopting a cautious approach to risk, UK investors expect to generate an average 8.7% return on investments over the next five years, according to the Schroders Global Investor Study.
Wealth manager LGT Vestra has hired Valentina Tacchino from Kleinwort Benson for a new role building and leading an international clients team.
Schroders has recruited its head of solutions from BlackRock, while JP Morgan has expanded its ETF team with a double hire and Blick Rothenberg has hired a complex tax specialist for HM Revenue & Customs tussles.
Investors in Europe are falling behind the global average when it comes to sustainable investing, according to a survey from Schroders.
Japanese equity fund managers are backing small and mid cap companies in the tech space as well as ‘online disrupters’ ahead of the snap election to be held in October.
Some formerly tolerated business practices in the Middle East’s financial services sector are now subject to clearly set out restrictions, says William Wells, director of Middle East sales at Schroders.
