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 European equity head Clarke joins JP Morgan

Schroders European equity head Clarke joins JP Morgan

Schroders' head of European equities Gary Clarke has left the firm to join rival JP Morgan.

JP Morgan has confirmed that Clarke has taken up a post in the firm's global equity team, where he will be co-head of global thematic and retail portfolios alongside Peter Kirkman.

'Gary Clarke brings with him a wealth of investment experience and an outstanding track record,' JP Morgan's head of global equities Howard Williams said. 'This experience will not only compliment an already robust and successful team but will also help Peter Kirkman to manage and develop further our growing suite of global retail and thematic funds.'

Clarke, who joined Schroders from Gartmore where he ran the firm's 'aggressive alpha' portfolios, has handed the reins of the European Equity Alpha fund he has run since 2005 to Jamie Lowry.

Clarke also ran the Schroder ISF EURO Equity fund, which is to be taken over by Martin Skanberg.

Both new appointments Lowry and Skanberg joined Schroders in 2004. Skanberg will continue to work with Rory Bateman, head of European institutional portfolios, who joined Schroders in 2008 to manage the core European equity portfolios and manage the team’s seven European research analysts.

Lowry has been an alternate fund manager of Schroder ISF European Equity Alpha for the past three years and will continue as the sole manager on the fund.

Over the last five years the Schroder ISF EURO Equity fund posted returns of 4.6% while its benchmark, MSCI EMU NR, has risen 12.7%.

During the same period the Schroder ISF European Equity Alpha fund has returned 13.8% while its benchmark, MSCI Europe, has risen 14.9%.

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