Schroders falls in line and dumps dual pricing
Schroders has announced it will bring the pricing of a number of its unit trust funds in line with a single pricing structure but it is unclear whether this will be cheaper for investors.
Schroders
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Blackrock and Schroders frontrunners for Lloyds mandate
Asset managers Blackrock and Schroders are the rumoured frontrunners to oversee £109bn for Lloyd’s Banking Group (LBG), after the contract with Standard Life Aberdeen was terminated earlier this year.
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Schroders trust transitions without clarity for Isa investors
The Schroders UK Growth Trust will transfer to Baillie Gifford management on Friday evening, despite its saving scheme investors being none the wiser about their options for remaining invested in the investment trust.
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Board pans exiting Schroders manager as it shifts to Baillie Gifford
The board of the £303.4m Schroders UK Growth Trust has taken a parting shot at fund manager Philip Matthews, who is exiting the asset manager, as the investment trust shifts management responsibilities to Baillie Gifford due to underperformance.
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Schroders nabs ex-Tilney boss to head wealth management
Schroders has nabbed ex-Tilney boss Peter Hall to head up its wealth management business as Andrew Ross steps aside to focus on building out the asset manager’s family office offering.
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Schroders funds downgraded due to fees
Two Schroder equity funds managed by Jenny Jones have been downgraded due to high fees.
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Schroders’ Skanberg: Tightening will benefit European and Asian equities
European and Asian equities stand to benefit from rising bond yields and inflation as the economy moves further through the quantitative tightening cycle, according to Schroders European equities manager Martin Skanberg.
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Omnis dumps Schroders for Colin Morton on largest mandate
Omnis Investments has booted Schroders from its largest subadvised fund with Franklin Templeton set to takeover the UK equities mandate next week.
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Schroders manager exits for new career
Schroders fund manager Steve Cordell is leaving the asset management industry two months after he was dropped as manager on the European Opportunities fund.
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Schroders trust faces discount on forced selling
The Schroders UK Growth trust could experience a widening of the discount if investors using the company’s Isa scheme are forced to sell the investment trust when management transitions to Baillie Gifford.
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Schroders and Miton back Sorrell’s return from misconduct ordeal
Schroders and Miton are believed to be among the shareholders backing Martin Sorrell’s comeback to the London stock market weeks after his resignation from WPP amid personal misconduct allegations.
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Schroders added to buy list despite manager’s value warning
Schroder’s Global Recovery fund has been added to The Adviser Centre’s positive watch list, despite manager Kevin Murphy stating that value has underperformed at its worst rate since the Great Depression.
