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.

Schroders creates global property securities team

Schroders creates global property securities team

Schroders has hired a group of fund managers and analysts as it brings management of its £1.2 billion property team in-house.

AMP Capital's Tom Walker, who was deputy head of global listed real estate, and Hugo Machin, head of European listed real estate, both join the newly-established global property securities team.

Ben Forster will also transfer as a fund analyst from the Schroder Property Multi-Manager team where he has worked for seven years.  Meanwhile a yet to be named fund analyst with seven years’ property securities experience and will join the team in August.

The GPS team will report to Neil Turner, head of indirect property investment, and will work closely with Schroders’ existing GPS specialists based in Asia and North America.

The team will take on the investment management of the Schroder Global Property Securities fund, the Schroder Global Property Income Maximiser fund and Schroder ISF Global Property Securities fund from EII Capital Management from 15 August.

Schroders has also been appointed manager of the listed trust 'Investors in Global Real Estate,' and subject to shareholder approval, the Trust will change its name to Schroder Global Real Estate Securities.

'Global property securities is a strategically important market to Schroders and the establishment of this new team is a significant development for us. Investors increasingly understand the benefits of diversification and increased liquidity that can be gained by including global property securities within their property allocation,'  Duncan Owen (pictured), head of Schroder property said.

'We welcome Tom and Hugo to the team and we look forward to continuing to work with our partners EII Capital Management on existing segregated client mandates.'

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: what's behind the second oil crash?

Brewin's Gutteridge: what's behind the second oil crash?

This week Brewin Dolphin's research head talks to Will Riley, co-manager of the Guinness Global Energy fund, about what next for oil.  

Play AA-rated Bullas: what drove my UK small cap outperformance

AA-rated Bullas: what drove my UK small cap outperformance

AA-rated Richard Bullas has quietly been making a name for himself at the helm of the Franklin UK Smaller Companies fund.

Play Sector spotlight: how Harwood's Philbin is playing emerging markets

Sector spotlight: how Harwood's Philbin is playing emerging markets

Emerging markets have been a rollercoaster for investors, but amid the doom there have been have been bright spots, such as India. 

Your Business: Cover Star Club

Profile: CHI's bond supremo on liquidity and bond risk management

Profile: CHI's bond supremo on liquidity and bond risk management

'Some people have been extremely complacent about rate rise risk. Myself, I wish they would just get on with it.'

Wealth Manager on Twitter