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.

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
Play WMR: Why Russia will lose this war

WMR: Why Russia will lose this war

Author and journalist Adam Lebor believes a perfect storm is brewing when it comes to the Russian economy. .

Play WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

Chief economic adviser to London mayor Boris Johnson outlines the geo-political risks in Asia and explains why the risk of another eurozone crisis must not be underestimated.

Play Japan's slump, the umbrella revolution and the battle for Brazil

Japan's slump, the umbrella revolution and the battle for Brazil

With the arrows of Abenomics appearing to be missing their targets and political uncertainty rife in Hong Kong and Brazil we take a look at investor sentiment in this week's Investment Pulse

Your Business: Cover Star Club

Profile: The adviser that tempted Robin Minter-Kemp on board

Profile: The adviser that tempted Robin Minter-Kemp on board

It is rare to meet an impassioned individual who is willing to bang the drum for investment advisory right now

Wealth Manager on Twitter