8th September 2014
Schroder UK Opportunities loses Elite Rating following the resignation of manager Julie Dean
Unfortunately we have had to remove the Elite Rating from Schroder UK Opportunities following the resignation of manager Julie Dean.
Julie, who joined Schroders when they absorbed Cazenove Capital last July, is leaving and Matt Hudson, manager of Schroder UK Alpha Income, is taking over the reins with immediate effect.
Schroders have assured investors that the objective on the UK Opportunities fund will not change and will have the same style (Business Cycle), but with a different lead manager.
Darius McDermott, managing director of FundCalibre comments: “It is with regret we have to remove the Elite Rating on this fund but our process is very clear.”
Schroders still have eight other Elite Rated funds, the most of any group:
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