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Adam Cordery exits Schroders
Corporate bond manager Adam Cordery has left the asset manager to pursue other opportunities.
Corporate bond manager Adam Cordery has left Schroders.
Schroders confirmed Cordery's departure to Citywire on Tuesday evening, saying the manager had left to pursue other opportunities.
Schroders said it had hired Legal & General Investment Management's Patrick Vogel to join the team, who would take on the newly created role of head of European and UK credit management and research. He will report to Karl Dasher, head of fixed income.
Vogel will join Schroders at the end of August, and in addition to his head of European and UK credit role will take charge of the Schroder ISF European Corporate Bond fund.
Commenting on the appointment, Dasher said: 'We continue to strengthen our expertise in credit strategies and Patrick brings an impressive track record in European credit.'
Vogel has achieved first quartile annualised performance over one, two and three years, Schroders added.
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