Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Santander hires Schroders bond manager

Santander hires Schroders bond manager

Divya Manek, formerly a bond manager at Schroders, has joined Santander Asset Management.

At Schroders, where she had worked since 2007, Manek focused on European and UK fixed income. She was co-manager with Alix Stewart of the £119 million Schroder Corporate Bond fund.

Next month this is due to merge with the £195 million Schroder UK Corporate Bond fund, which is also managed by Stewart.

Over the past year Schroder Corporate Bond has returned 7.4%, a top quartile performance in its Citywire Sterling Corporate Bond sector where the average fund has generated 5.4%.

At Santander, Manek will focus on European credit and work primarily on Santander’s three euro credit funds: Euro Corporate Short Term, Euro Corporate and Renta Fija Privada.

'I am delighted Divya has decided to join the firm. She is a strong addition to the recently created European fixed income team and I look forward to working with her,' commented Adam Cordery, global head of European fixed income at Santander.

Last year Santander hired David Scammell, former head of UK interest rate strategies at Schroders, to run the £357 million Santander Government Bond fund.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Wealth Manager Retreat 2017: size isn't everything

Wealth Manager Retreat 2017: size isn't everything

We asked our delegates at the Wealth Manager Retreat what they think about the recent wave of consolidation in the industry.

1 Comment Play CIO Tapes - part 3: 'passive funds are anti-capitalist'

CIO Tapes - part 3: 'passive funds are anti-capitalist'

Citywire recently gathered three of the UK's leading fund investment heads to discuss their hopes, fears and the issues that their jobs throw at them daily.

Play CIO Tapes: do investors have it as good as it gets?

CIO Tapes: do investors have it as good as it gets?

Citywire gathered three of the UK's leading fund investment heads to discuss what they fear and what makes them cheer about the year ahead

Read More
Your Business: Cover Star Club

Profile: from managing Brunei’s billions to Dorking’s pension pots

Profile: from managing Brunei’s billions to Dorking’s pension pots

Mole Valley Asset Management's boss on why he chucked in multi-billion mandates for Surrey wealth management

Wealth Manager on Twitter