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 hires four-strong convertibles team

Schroders hires four-strong convertibles team

Schroders has hired a four-strong team to establish an in-house convertibles proposition.

Three of the managers join from Fisch Asset Management, a firm that Schroders had outsourced the management of its convertible funds to. The hires will allow Schroders to bring the management of its convertibles mandates in-house.

The trio that have transferred to Schroders are Dr Peter Reinmuth (pictured), manager of Schroder ISF Global Convertible Bond and Asian Convertible Bond funds, Dr Martin Kuehle, product specialist for the two funds, along with Urs Reiter, a senior convertibles trader. 

At the same time Schroders has hired Damien Vermonet for the team. He joins from Acropole AM where he was portfolio manager of global convertible long-only strategies, with a particular focus on US convertibles

The new team, which controls $2.1 billlion, will be based in Zurich and report to Philippe Lespinard, Schroders’ chief investment officer of fixed income.  

'Schroders has invested heavily in its fixed income business in recent years to deliver robust investment performance,' Lespinard said in a statement. 

'Convertible bonds are an attractive asset class for our clients worldwide, in addition to the firm’s existing credit and equity capabilities.'

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 Foster: the world’s most unconventional monetary policies

Brewin's Foster: the world’s most unconventional monetary policies

In this week's podcast, Guy Foster asks why the world’s biggest economies are pursuing some of the world’s most unconventional monetary policies. 

Play Charles Tan on Woodford & hidden trust income gems

Charles Tan on Woodford & hidden trust income gems

Cantor Fitzgerald investment company analyst Charles Tan discusses Woodford Patient Capital and some of the income trusts slipping under the radar.  

Play Taxicab Tenner: SGPB Hambros CIO Eric Verleyen

Taxicab Tenner: SGPB Hambros CIO Eric Verleyen

In the second episode of our new series, Verleyen jumps on board a black cab and explains how hard it's become to find good valuation on the market.  

Wealth Manager on Twitter