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Schroders' interest rate chief Scammell exits
by Emma Dunkley on Jan 29, 2013 at 13:20
Scammell, who joined Schroders in 2004, managed a raft of funds including the €1.40 billion (£1.2 billion) ISF Euro Liquidity fund and £320 million Gilt and Fixed Interest fund .
He also co-managed the €600 million ISF Global Inflation Linked Bond fund .
Schroders said it has evolved its fixed income investment desks into ‘a fully-integrated, team-based approach.’
As a result of Scammell leaving, it has reassigned his portfolios across the team, meaning his role no longer exists.
The Euro Liquidity fund will be handed to Jamie Fairest as lead manager, with Thomas Sartain and Jolly as alternates.Sartain will also managed the Gilt and Fixed Interest fund, with Isaac as alternate.
Karl Dasher, global head of fixed income, said: ‘Today our approach encompasses a globally integrated team of over 100 specialist analysts and portfolio managers in London, New York and Singapore.
‘By working together and researching ideas in local markets we believe we will be able to provide a performance advantage to our clients.’
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