Schroder Investment Management Limited
31 Gresham Street, London EC2V 7QA
Telephone +44 (0)20 7658 6000
www.schroders.com
News Release
Schroders’ credit team launch absolute
return strategy
2 December 2015
Schroders is pleased to announce the launch1 of Schroder ISF2 EURO Credit Absolute Return,
managed by Patrick Vogel and the European credit team. The fund aims to provide a positive annual
return3 throughout the market cycle and uses the same investment process that has delivered first
quartile performance across four credit strategies.4
The strategy combines traditional top-down views with the credit team’s innovative themes based
credit process, which identifies global trends and applies in-depth business model analysis to
determine which issuers will benefit and which are vulnerable to these trends.
The credit team currently manage €8 billion5 on behalf of clients around the world and has delivered
5.1% per annum in the flagship investment grade strategy over 3 years.4 The fund management team
are part of an integrated fixed income platform of over 100 investment specialists based across the
globe.
1
Launched on 11 November 2015
2
Schroder International Selection Fund is referred to as Schroder ISF throughout
3
The fund aims to deliver Euribor +3%
4
As at 31 October 2015, according to Morningstar. Schroder ISF EURO Corporate Bond has delivered first quartile returns of
2.1% over 1 year, 4.9% per annum over 2 years and 5.1% per annum over 3 years. Schroder Monthly High Income generated
first quartile returns of 5.1% over 1 year, 5.5% per annum over 2 years, and 6.8% per annum over 3 years. Schroder ISF
EURO High Yield launched on 14 November 2012 delivered first quartile returns of 4.7% over 1 year and 5.5% over 2 years.
Schroder ISF EURO Credit Conviction launched on 18 December 2013 delivered first quartile returns of 2.9% over 1 year.
5
Schroders as at 30 September 2015
Schroders plc
Registered office at above address
Reg. 3909886 England
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Schroder Investment Management Limited
31 Gresham Street, London EC2V 7QA
Telephone +44 (0)20 7658 6000
www.schroders.com
Patrick Vogel, Head of European Credit, said:
“The new fund will plug into our proprietary themes based credit approach, to create a diversified credit
strategy. Implementing themes through long and short positions in a highly risk conscious manner, we aim to
combine high levels of alpha with credit yield to deliver consistent return for our clients.”
Carlo Trabattoni, Head of Pan European Intermediary Distribution and GFIG, said:
“We’re delighted with the addition of this high conviction, absolute return fund to our credit offering. Patrick and
the team have delivered strong performance and this new addition allows clients to invest in a strategy
uncorrelated to market volatility, within the team’s proven investment process. As investors become more
conscious of achieving returns throughout the market cycle, the strategy can allow them to find opportunities
in credit markets even when bond yields are rising.”
For further information, please contact:
Lucy Cotter
Tel: +44 (0)20 7658 3365/ lucy.cotter@schroders.com
Sarah Deutscher
Tel: +44 (0)20 7658 6139/ sarah.deutscher@schroders.com
Notes to Editors
For trade press only. To view the latest press releases from Schroders visit:
http://ir.schroders.com/media
Schroders plc
Schroders is a global asset management company with £294.8 billion (EUR 400.0 billion/$446.5
billion) under management as at 30 September 2015. Our clients are major financial institutions
including pension funds, banks and insurance companies, local and public authorities, governments,
charities, high net worth individuals and retail investors.
With one of the largest networks of offices of any dedicated asset management company, we operate
from 37 offices in 27 countries across Europe, the Americas, Asia and the Middle East. Schroders
has developed under stable ownership for over 200 years and long-term thinking governs our
approach to investing, building client relationships and growing our business.
Further information about Schroders can be found at www.schroders.com.
Issued by Schroder Investment Management Ltd, which is authorised and regulated by the Financial
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Schroders plc
Registered office at above address
Reg. 3909886 England
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For your security, communications may be taped or monitored
Schroder Investment Management Limited
31 Gresham Street, London EC2V 7QA
Telephone +44 (0)20 7658 6000
www.schroders.com
Schroders plc
Registered office at above address
Reg. 3909886 England
3
For your security, communications may be taped or monitored
Schroder Investment Management Limited
31 Gresham Street, London EC2V 7QA
Telephone +44 (0)20 7658 6000
www.schroders.com
Schroders plc
Registered office at above address
Reg. 3909886 England
4
For your security, communications may be taped or monitored
Schroder Investment Management Limited
31 Gresham Street, London EC2V 7QA
Telephone +44 (0)20 7658 6000
www.schroders.com
Schroders plc
Registered office at above address
Reg. 3909886 England
5
For your security, communications may be taped or monitored
Schroder Investment Management Limited
31 Gresham Street, London EC2V 7QA
Telephone +44 (0)20 7658 6000
www.schroders.com
Schroders plc
Registered office at above address
Reg. 3909886 England
6
For your security, communications may be taped or monitored
Schroder Investment Management Limited
31 Gresham Street, London EC2V 7QA
Telephone +44 (0)20 7658 6000
www.schroders.com
Schroders plc
Registered office at above address
Reg. 3909886 England
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For your security, communications may be taped or monitored