Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of 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.

Related Fund Managers

Alix Stewart
Alix Stewart
19/59 in Bonds - Sterling Corporate Bond (Performance over 3 years) Average Total Return: 31.72%
David Scammell
David Scammell
41/76 in Bonds - Sterling Corporate Bond (Performance over 1 year) Average Total Return: 7.25%
Citywire TV
Citywire TV
Play Volatility is back, Europe's future & Ethical's key moment

Volatility is back, Europe's future & Ethical's key moment

This week’s episode of Investment Pulse takes a look at European prospects, FTSE volatility and whether public pressure is about to provide a push for ethical investment

Play Volatility spike: How ETFs can soften the blow

Volatility spike: How ETFs can soften the blow

ETFGI’s Deborah Fuhr discusses the role of ETFs in client portfolios during volatile market conditions

Play Winter market warmers, the post QE world and timing the Fed

Winter market warmers, the post QE world and timing the Fed

This week’s episode of Investment Pulse looks at the winding down of quantitative easing, whether to try and time a US Federal Reserve rate rise and if strong seasonal performers can reverse recent market slumps

Wealth Manager on Twitter