News releases

Schroders EMD Absolute Return and Commodities Group Announcement

04/12/2017

After more than 19 years at Schroders and an investment career spanning 32 years, Geoff Blanning, Head of Emerging Market Debt Absolute Return and Commodities Group, has decided to retire and will leave Schroders in April 2018.

Abdallah Guezour, currently Head of Emerging Market Debt Absolute Return, will become Head of the Emerging Market Debt Absolute Return & Commodities Group in January 2018. Abdallah joined Schroders in 2000 and has worked with Geoff for over 20 years.

To ensure continuity, Mark Lacey, who has been working closely with Geoff over the past three years as a fund manager for Schroders Commodities Strategy, Global Energy and Global Gold, will take over the leadership of the Commodities team and overall energy sector responsibilities from January 2018.

Mark has been a senior member of the Commodities team since 2014 and has over 20 years investment experience. Prior to joining Schroders, Mark worked at Mercuria Global Energy Solutions where he was managing partner. From 2008 to 2012 Mark was co-manager of the Investec Global Energy Funds and previously co-head of the global energy team at Goldman Sachs International.

Nicky Richards, Global Head of Equities at Schroders, commented:

“I would like to thank Geoff for his outstanding contribution to Schroders over the past 19 years. He has built a robust business with a clearly defined investment philosophy, a robust investment process and a strong team culture.

“The appointments of Abdallah Guezour and Mark Lacey will give our clients absolute investment continuity. We have great strength and depth of experience within our Emerging Market Debt Absolute Return and Commodities Group which has been proven through many different market environments since 2005.”

Schroders remains highly committed to the commodities asset class. The size and experience of the Commodities team has significantly increased in the last three years. The Commodities team believe the outlook for the asset class has improved markedly and that many key commodity prices appear attractively valued. The funds run by the team will continue to provide diversification and inflation protection benefits for a broad range of investors worldwide.

For further information, please contact the Schroders Team:

Estelle Bibby, Senior PR Manager, Corporate Communications

Tel: +44 (0)20 7658 3431/ estelle.bibby@schroders.com

Andy Pearce, PR Manager, Institutional

Tel: +44 (0)20 7658 2203 / andy.pearce@schroders.com 

Sarah Deutscher, Senior PR Manager, International

Tel: +44 (0)20 7658 6139 / sarah.deutscher@schroders.com

Charlotte Banks, PR Manager, Intermediary

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

Note to Editors

For trade press only.  To view the latest press releases from Schroders visit: http://ir.schroders.com/media

Schroders plc

As a global investment manager, we help institutions, intermediaries and individuals across the planet meet their goals, fulfil their ambitions, and prepare for the future. But as the world changes, so do our clients’ needs. That’s why we have a long history of adapting to suit the times and keeping our focus on what matters most to our clients.

Doing this takes experience and expertise. We bring together people and data to spot the trends that will shape the future. This provides a unique perspective which allows us to always invest with conviction. We are responsible for £430.2 billion (€488.3 billion/$577.3 billion)* of assets for our clients who trust us to deliver sustainable returns. We remain determined to build future prosperity for them, and for all of society. Today, we have 4,100 people across six continents who focus on doing just this.

We are a global business that’s managed locally. This allows us to always keep our clients’ needs at the heart of everything we do. For over two centuries and more than seven generations we’ve grown and developed our expertise in tandem with our clients’ needs and interests.

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.

*as at 30 September 2017