Schroders adds European Total Return fund to offshore range

Schroders is set to add a European equity offering to its offshore range on 7 March.

The Schroder ISF European Total Return fund will be managed by senior portfolio manager Nicholette MacDonald-Brown. The fund will hold between 40 and 60 stocks, and will use cash, futures and derivatives to adjust market exposure. MacDonald-Brown said: “At its heart this is a stockpicking fund which also gives us the ability to alter our exposure to the market. Over the cycle we are looking to deliver returns in excess of the broader European market while targeting a degree of protection against significant short-term fluctuations in markets.” Rory Bateman, the group’s head of Euro...