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.

Related Fund Managers

Alix Stewart
Alix Stewart
1/63 in Bonds - Sterling Corporate Bond (Performance over 3 years) Average Total Return: 33.58%
David Scammell
David Scammell
19/73 in Bonds - Sterling Corporate Bond (Performance over 1 year) Average Total Return: 11.76%
Citywire TV
Play Taxicab Tenner: AXA IM's Nicolas Trindade

Taxicab Tenner: AXA IM's Nicolas Trindade

After a summer break, it is the turn of AXA Investment Manager's Nicolas Trindade to give a £10 view of how fixed income is faring.

Play Wealth Manager Olympics: the Relay

Wealth Manager Olympics: the Relay

In the final round of the Wealth Manager Olympics, our intrepid athletes team up for the relay.

Play Wealth Manager Olympics: the Shot Put

Wealth Manager Olympics: the Shot Put

After busting a gut in the 100m sprint, our wealth manager Olympians displayed their brute strength in the shot-put.

Read More
Your Business: Cover Star Club

Profile: gearing up for the shift from consolidation to start-ups

Profile: gearing up for the shift from consolidation to start-ups

‘I think the industry is evolving rapidly, but not necessarily as a whole,’ says the head of recently launched Charles Nicholson AM

Wealth Manager on Twitter