Schroders is replacing the manager on its £438m European Opportunities fund and overhauling the strategy.
Steve Cordell, who currently manages the vehicle, will be replaced by Andrew Lyddon and Andrew Evans. Cordell joined Schroders as part of the takeover of Cazenove Capital in July 2013. He will continue...
Uncertainty set to remain
A look at the companies disrupting sectors
Perhaps surprisingly, Europe was the second best-performing regional stockmarket in the world in the first half of 2019.
Bouncing back from the market correction of last year, the first half of 2019 has been positive for global equities.