Schroder Income Maximiser - new fund manager
Schroders has recently announced the appointment of Thomas See as the lead manager of their Income Maximiser Fund. This is the fund’s third manager in over a year.In April 2008, Schroders announced the departure of Richard Lloyd who was a
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key member of the Structured Fund Management team and was integral in pioneering this fund. He was replaced by John Teahan. Unfortunately, John Teahan has now also left the firm to pursue other opportunities.In his place, Thomas See, Head of Structured Fund Management has taken over the fund. He comes with 20 years experience and has been closely involved with the management of the fund since its launch in 2005.It is always unsettling to see frequent fund manager changes and while these have been out of Schroders’ control we hope that this will be the last change for while. Fortunately for investors, the fund has been a success since its launch and we can only hope it continues in a good vein under the new manager.Meera Patel, Senior Analyst
