Schroders’ head of multi-manager, Andrew Yeadon, has resigned after a merger of its multi-manager team with the multi-asset team, Financial Times reports. At Schroders, Yeadon was responsible for managing funds, such as the Multi-Manager Cautious Managed and the Multi-Manager Strategic Balanced funds. The newly combined team will be headed by senior investor, Johanna Kyrklund, and will have about £14.45 billion of assets under management. The combined team will offer Schroders’ clients access to asset allocation and portfolio construction processes, which are currently employed on the multi-asset portfolios.
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