Schroders names new co-manager for £3.8bn Global Sustainable Growth fund as Davidson departs

Scott MacLennan takes on new role

Schroders has named Scott MacLennan as the new co-manager of the £3.8bn Schroder Global Sustainable Growth fund following the sudden departure of Katherine Davidson, after 14 years at the firm.

Davidson was co-portfolio manager for the Schroder Global Sustainable Growth fund and had recently assumed responsibility for the Schroder Sustainable Growth and Income strategy. In a statement, the asset manager said Davidson had decided to leave the firm to pursue an opportunity outside of the group, driven in part by a lifestyle change.  "It has been a pleasure to work with such smart and dedicated people, both in the immediate team and across the firm," Davidson said.  "I am very grateful to have had the opportunity to build my career at such a well-respected company and to hav...