Schroders has reshuffled its fixed income range following the departure of manager Jamie Stuttard, Financial Times reports. Philippe Lespinard, fixed income CIO, will take on responsibility for several funds previously managed by Stuttard.
Lespinard will be in charge of Schroders U.K. and Euro Aggregate portfolios as well as remaining lead manager on the global multi-strategy team. Formerly, Lespinard served as partner and head of absolute return strategies at Brevan Howard Asset Management and joined as fixed income CIO in November 2010, adds Citywire. Click here for the story from Financial Times.
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