Schroder Global Emerging Markets & Schroder ISF Emerging Markets - Under Review

FUND RESEARCH UPDATE: Fund Ratings moved to Under Review

Lena Tsymbaluk 24 February, 2016 | 4:56PM
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Following the announcement that Allan Conway, fund manager and Head of the Emerging Market Equities team, will be retiring later this year, we have placed the Schroder Global Emerging Markets and Schroder ISF Emerging Markets funds Under Review. Both funds previously held an Analyst Rating of Bronze. Tom Wilson, who has worked together with Conway at Schroders for more than a decade, will become Head of Emerging Market Equities. Wilson was promoted to the role of EM portfolio manager in November 2014, from the Head of EMEA Equities position that he held since 2007. The change is due to officially come into effect in August 2016, but there will be a period of transition leading up to that date; moreover, Conway is committed to stay in an advisory capacity after his retirement. Although we believe there will be no change to the team-based approach and the rest of the team, including the three EM managers responsible for portfolio construction, we will be meeting with the team in due course to fully understand their future plans for the strategy.

See the latest Morningstar fund rating news here.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Schroder Global Emerging Markets A Acc2.36 GBP-0.38Rating
Schroder ISF Em Mkts A Acc USD16.34 USD-0.63Rating

About Author

Lena Tsymbaluk  is a fund analyst at Morningstar.

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