schroders

The sudden market falls seen in the six weeks to mid-October took many by surprise. Here we identify ten equity funds in the Targeted Absolute Return sector which produced positive performance over the period.

Giles Money, manager of the Schroders global climate change strategy, is leaving the group amid a reshuffle of the global and international equities team.

Former Schroders manager Julie Dean is to join former Cazenove colleagues Chris Rice and Tim Russell at Sanditon Asset Management.

Start-up fund house Sanditon Asset Management has recruited a senior investment director to assist Chris Rice across his core European funds.

'We will never be reliant on our platform'

Regulation

Schroder UK Opportunities is understood to have seen outflows totalling 30% of assets since Julie Dean resigned on 8 September and handed the portfolio to Matt Hudson.

Fund Management Summit

Small-cap rethink

Fund buyers have had a tough time choosing funds this year, as some of the best known portfolios in the UK have gone through manager changes.