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Performances as at: 20/06/2008

Friday April 18, 12:00 AM

New manager for Schroders' specialist income funds

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Richard Lloyd, an 11-year veteran of Schroders and their co-Head of Structured Investments, has left the company. Mr Lloyd was the manager of the

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Schroder Income Maximiser and Schroder UK Income Defensive funds.

The funds will now be managed by John Teahan, who has been working closely with Mr Lloyd as a part of the investment team. Otherwise the team is remaining intact and will continue to manage the funds along the existing lines. In our view there is no reason why an investor in either fund should have cause for concern at Richard Lloyd’s departure.

» Key Features of the Schroder Income Maximiser Fund

» Key Features of the Schroder UK Income Defensive Fund


 

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