Schroders' UK credit head Cordery exits

Schroders' head of UK and European credit Adam Cordery has left the firm.

Cordery (pictured) ran the £160m Schroder Corporate Bond fund, £233m Monthly High Income fund, as well as the ISF Euro Corporate Bond fund, All Maturities Corporate Bond fund, Long Dated Corporate Bond fund and co-manager of the ISF Credit Duration Hedged fund. New joiner Patrick Vogel will take on the newly created role of head of European and UK credit management and research, reporting to Karl Dasher, global head of fixed income. He joins on 27 August from Legal & General where he was head of European credit portfolio management. Vogel will take over management of the ISF Europe...