Investors and advisers in Ian Lance and Nick Purves' Schroder Income and Income Maximiser funds give their verdict on the duo's move to boutique RWC Partners.
Gary Potter - Thames River While we will review our holding in Schroder Income Maximiser, I do not think it is time for panic. These things happen. While Purves and Lance have left, Schroders has a strong value-driven process and a solid UK team. As for Kirrage and Murphy, we have been pretty impressed with them to be honest. But as I said, it is a strong team, with Richard Buxton and Errol Francis and the like, as well as an established process. We have been big fans of Purves for many years now and think he was one of the most underrated managers around. While it came as a surprise an...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
