Schroders has appointed Gareth Isaac as a senior Portfolio Manager within the London-based Fixed Income Multi-sector team. Isaac will manage high conviction mandates and starts in October.
Isaac joins from GLG Partners where he managed the GLG Core Plus Sterling Bond fund (top decile returns over three years), the GLG Total Return Bond and GLG Gilts funds. Prior to GLG Partners, he worked as a Senior Fixed Income Fund Manger at SG Asset Management on the SG Core and SG Total Return Bond funds.
Philippe Lespinard, CIO Fixed Income at Schroders, says: “Gareth brings a set of skills that complement our existing multi-sector framework. He has more than 12 years experience as a portfolio manager in global fixed income markets, and has developed an enviable and consistent track record through a wide variety of market environments.”
Schroders’ Fixed Income Multi-sector team is responsible for managing UK, Euro and Global Aggregate funds as well as benchmark unconstrained portfolios. Consisting of ten investment professionals, the team employs a team-based approach that balances a quantitative framework with a judgemental overlay.
Schroders’ Global Fixed Income AUM has grown from GBP27.5 billion in 2009 to GBP40 billion today (as at 31 March 2011). The firm will continue to invest in talent and infrastructure to support continued growth in this important asset class.