News releases

Schroders bolsters Global and International Equities

Following a review of the current investment philosophy, process and structure, Schroders’ Head of Global and International Equities, Alex Tedder, has made a number of improvements.

29/10/2014

Following a review of the current investment philosophy, process and structure, Schroders’ Head of Global and International Equities, Alex Tedder, has made a number of improvements.

Alex, who joined Schroders in July this year, has implemented these changes with the sole focus of delivering investment performance for clients. He has identified four key areas where incremental improvements can be made in order to improve the investment outcome and consistency of returns. The areas identified are a simplification and tightening up of the team’s philosophy; increased focus on the fundamental risks of investing in a company; improved portfolio risk management; and improved ‘sell’ discipline with a clearer focus on anticipating the emergence of negative earnings trends relative to the market’s expectations.

In addition, Alex has begun re-aligning responsibilities within the team seeking to achieve optimal sector coverage and portfolio management.

James Gautrey, previously global sector specialist with 13 years’ experience, has been promoted to portfolio manager for international equities. James will support Simon Webber, lead portfolio manager, in the management of global ex-US portfolios and will also retain his sector analyst responsibilities for technology in the interim.

Katherine Davidson, global sector specialist with six years’ experience, will expand her sector coverage from autos to take responsibility for telcos from James. Additionally, Andre Reichel, previously an equity analyst with three years’ experience, has been promoted to global sector specialist for utilities.

The team is also in the process of interviewing for an experienced global sector analyst for resources. Independently, Giles Money, portfolio manager for the team’s global climate change strategy and global sector specialist for utilities and materials, has decided to leave Schroders to pursue another opportunity.

Alex Tedder, Head of Global and International Equities at Schroders, said:

“We remain confident in our philosophy and approach and are committed to improve the outcome and consistency of performance for our clients. Increased accountability for performance and idea generation within the team together with recent enhancements to the investment process will help drive a sustainable improvement in performance over the coming months.”

For further information, please contact:

Beth Saint Tel: +44 (0)20 7658 6168/beth.saint@schroders.com

Charlotte Banks Tel: +44 (0)20 7658 2589/charlotte.banks@schroders.com

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Schroders plc

Schroders is a global asset management company with £271.5 billion (EUR339.0 billion/$464.1 billion) under management as at 30 June 2014. Our clients are major financial institutions including pension funds, banks and insurance companies, local and public authorities, governments, charities, high net worth individuals and retail investors.

With one of the largest networks of offices of any dedicated asset management company, we operate from 37 offices in 27 countries across Europe, the Americas, Asia and the Middle East. Schroders has developed under stable ownership for over 200 years and long-term thinking governs our approach to investing, building client relationships and growing our business.

Further information about Schroders can be found at www.schroders.com.

Issued by Schroder Investment Management Ltd, which is authorised and regulated by the Financial Conduct Authority. For regular updates by e-mail please register online at www.schroders.com for our alerting service.