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
Brewin's Gutteridge: Yuan direction

Brewin's Gutteridge: Yuan direction

This week Brewin Dolphin's research head chats to Fidelity Asian Investment Directors Jenny Lee and Gary Monaghan about the big changes in China.

Play On the Road Challenge: horsing around on the polo pitch

On the Road Challenge: horsing around on the polo pitch

Libby Ashby takes to the polo pitch with Stuart Leigh-Davies from Redmayne-Bentley for an 'On the Road' challenge.

Brewin's Gutteridge: where Miton's Godber sees value

Brewin's Gutteridge: where Miton's Godber sees value

This week Brewin Dolphin's research head talks to George Godber, co-lead fund manager of the Miton UK Value Opportunities fund, about value investing.

Your Business: Cover Star Club

Profile: what tempted Brewin's Glasgow team over to Rathbones?

Profile: what tempted Brewin's Glasgow team over to Rathbones?

Rathbones’ Glasgow office has only been open for three months but the team, led by Angus Kerr, has already attracted new clients

Wealth Manager on Twitter