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
Play French fund CEOs: 'Brexit is a lose-lose situation for all of us'

French fund CEOs: 'Brexit is a lose-lose situation for all of us'

'We'll all lose out - but London is an international city, Paris is not.' Leading French asset management CEOs tell us what they think Brexit will mean for the investment business.

Play Henderson Eurotrust's Stevenson: dealing with European cynicism

Henderson Eurotrust's Stevenson: dealing with European cynicism

Tim Stevenson talks about where he finds his opportunities in the current environment in Europe

Play Mark Barnett - part 2: why I'm not buying Lloyds

Mark Barnett - part 2: why I'm not buying Lloyds

In the second part of our exclusive video interview, Barnett explains why he has no intention of buying Lloyds, and where he sees the greatest income opportunities.

Read More
Wealth Manager on Twitter