Schroders hires British Cycling coach to aid manager performance

Schroders has hired British Cycling's head coach as a consultant, tasking him with analysing the behavioural biases of senior fund managers.

Shane Sutton, who is also a performance adviser for Team Sky in this year’s Tour de France, will be tasked with analysing the behaviour of managers, “correcting” habits that lead to poor performance. That includes the way managers select stocks and allocate assets, according to the FT. In an interview with the paper, Schroders head of investment Peter Harrison (pictured) said there were many parallels between cycling and fund management. “Shane knows how to get the best out of people by looking at their behaviour,” he said. “What he will do is look at a fund manager and [his or ...