Schroders is staging a turnaround

Manager Adam Cordery increased the fund's high-yield exposures to help reverse its previous poor performance

Six of the top-performing UK Other Bond portfolios over the 12 months to the end of January were also top 10 performers in terms of cumulative three-year figures, according to Standard & Poor's. Click here to download raw data Click here to download pdf Despite this level of consistency, one of the most interesting products in the peer group, which underperformed on a cumulative basis, was Schroder Monthly High Income. The fund underperformed with a bid to bid return of 13.37% against the sector average of 16.33% during the discrete period February 2003 to January 2004 and again under...