Schroders' European, Denis Clough

Schroders' manager, Denis Clough, makes unusual move from Japanese equities to test European waters

That Denis Clough was a rare example of a fund manager who actually returned to work following a year long sabbatical was surprising enough. The fact he opted to switch from managing Japanese equities to tackling the European sector was almost unprecedented. In taking on Schroders' core £257m European fund, Clough is relaxed about relying heavily on the advice and support of fellow managers and analysts. His stock bets at the moment are small - no more than 2% against the benchmark - and he is running close to 70 names. As he gains in experience, the manager who had 19 years at the helm o...