Schroder Sterling Corporate Bond Fund wins prestigious UK investment awards

Schroders is today celebrating several key fund awards for its Schroder Sterling Corporate Bond Fund.

In June the fund was announced as the winner in the GBP Corporate Bond of the Year category of Investment Week’s Fund Manager of the Year Awards 2020 and, last month, Schroders was also recognised as the Group winner of the Bonds – Sterling Corporate category, while Jonathan Golan was named the Best Fund Manager for Sterling Corporate Bond at the Citywire Awards 2020.

In February 2020, Lead Fund Manager Jonathan Golan reached the three-year milestone of managing the Schroder Sterling Corporate Bond Fund. Since his appointment as Lead Manager at the end of February 2017, the Fund has returned 26.8%[1] net of fees relative to 17.7% for its reference benchmark[2]

The Fund has also outperformed peers by nearly 11% over the period[3]. Utilising a rigorous bottom-up investment approach, the fund has consistently recorded industry leading results, outperforming its peers and benchmark every year since Jonathan’s appointment. The Schroder Sterling Corporate Bond fund is ranked top decile over the period.

The highly-rated fund is actively managed and invests at least 80% of its assets in bonds denominated in sterling (or in other currencies and hedged back into sterling) and issued by UK companies and companies worldwide. The fund may also invest in bonds issued by governments, government agencies, and supra-nationals.

Jonathan Golan, Fund Manager, Schroders, commented:

“2019 was a strong year for us and we are proud to have been recognised for our hard work, serving the needs of our clients as an active fund manager. The performance reflects the team’s excellent research capabilities, as well as our systematic and disciplined investment approach.

“We are pleased to have received the prestigious industry accolades for the Schroder Sterling Corporate Bond Fund which further cement our reputation for delivering outstanding investment performance through the economic cycle.”

Doug Abbott, Head of UK Intermediary, Schroders, commented:

“Schroders’ credit capabilities continue to be a strong part of our diverse investment offering. Since Jonathan was appointed to manage the Schroder Sterling Corporate Bond Fund at the end of February 2017, it has consistently delivered industry-leading returns – a true testament to our rigorous bottom-up investment style.

“Following on from a successful 2019, we are very pleased to see performance remain strong for the first half of this year despite the unprecedented global pandemic. The ongoing volatility in markets has provided ample investment opportunities for our credit teams to demonstrate their security selection skills in a challenging environment.

“We congratulate Jonathan on a successful first three-years in lead portfolio management and for these well deserved industry awards.”

 

[1] Based on the preliminary returns from Morningstar for the Z Accumulation shares class as at 31 July 2020.

[2] ICE Bank of America Merrill Lynch Sterling Corporate & Collateralised index

[3] The median peer-group (IMA GBP Corporate) return was 15.9% over the period