Schroders hires AMP operative
Schroders Australia has completed the reshuffle of its fixed income and multi-asset team with the hire of Pierre Wu as investment director.
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Schroders Australia has completed the reshuffle of its fixed income and multi-asset team with the hire of Pierre Wu as investment director.
Schroders has hired Pierre Wu as fixed income and multi-asset investment director, joining from AMP.
Schroders Australia has appointed a new chief executive at the firm and a new portfolio manager for its multi-asset funds.
The $2.8 billion flagship Schroder Real Return fund is holding its lowest weighting to equities since inception in 2008, as its managers are opting to hold cash for unexpected opportunities instead.
Adam Kibble, an investment director for multi-asset and fixed income, has been appointed to the role of fund manager at Schroders.