Schroders Personal Wealth hires CIO from SJP
Alan Goodman will join the firm this month
Alan Goodman will join the firm this month
Funds that failed include Balanced Managed, Japan and Strategic Income
Group FUM hit a record £157.5bn over six months
Changes signal a more global, multi-manager approach
Discretionary fund management saw £430m of new money
Acquisition takes its assets under management to more than £650m
He starts in October and will report to director of investments Tom Beal
Net inflows of £9.8bn only topped by the £11bn recorded in 2021
Deal sees Tweed’s assets under management exceed £435m
CEO’s comments come despite 75% drop in inflows and many funds lagging their benchmarks
It hopes to complete a ‘series of deals’ in the coming months
Previous ‘pawful’ performers from Invesco and SJP redeem themselves in latest edition of Spot the Dog