Yeadon leaves Schroders after MM restructure

Schroders' head of multi-manager Andrew Yeadon has left the firm after a merger of its multi-manager and multi-asset teams.

Johanna Kyrklund, the head of multi-asset at the firm, will now head up the newly merged divisions. Yeadon joined Schroders in 2000 and later became responsible for the MM Strategic Balanced, MM High Alpha, MM Cautious Managed and Managed Balanced funds. He is leaving to pursue other opportunities, the group says. Robin Stoakley, managing director of UK intermediary, comments: "Combining these teams means that clients will have access to our highly rated, institutional quality, asset allocation and portfolio construction processes which are currently employed on our Multi-Asset por...