schroders cuts us overweight
Schroders has started to reduce its overweight to US equities and add to exposure in Europe and emerging markets, according to the group’s chief economist and strategist.
Schroders has started to reduce its overweight to US equities and add to exposure in Europe and emerging markets, according to the group’s chief economist and strategist.
Schroders saw assets under management (AUM) rise by 4.2% in the third quarter of the year, although the group warned that the economic climate could hamper intermediary flows.
Schroder’s Rajeev De Mello has reduced risk in his Asian fixed-income portfolios because of concerns over the upcoming US fiscal cliff.
Schroders UK Private Bank has confirmed the departure of chief executive officer Rupert Robinson after 10 years at the firm.
Investor sentiment towards China will stay bearish for the next few months as the country’s economic outlook is set to remain challenging, the head of China A-shares research at Schroders argues.
Former BlackRock managing director Kevin Kneafsey has joined Schroders as a senior adviser to its multi-asset investment and portfolio solutions business.
Robert Farago questions the effectiveness of quantitative easing in the current economic climate, citing other Fed bankers and OECD economists' arguments, before looking at what this all means for his asset allocation.
Michael Spinks has left Schroders to join Investec Asset Management’s global multi-asset team.
Mike Spinks is to depart Schroders multi-asset team to pursue opportunities elsewhere, leaving Remi Ajewole and Martin Blank to step into the breach on his co-managed Schroder Diversified Growth and Schroder Diversified Completion funds.
Schroders’ first half of 2012 results showed its AUM move up from where they were at the end of last year, to £195bn.
Morningstar OBSR has moved the Schroder ISF Euro Corporate Bond Fund rating to “under review” following the announcement Adam Cordery is to leave the firm.
Schroders has for the first time launched a relative return retail proposition in the EMD sector, with a fund focused on local sovereign credit, one on hard currency corporate bonds and one offering a blend of both.