Schroder Investment Management Limited
31 Gresham Street, London EC2V 7QA
Telephone +44 (0)20 7658 6000 Fax +44 (0)20 7658 6965
www.schroders.com
News Release
Schroders launches Global Macro Bond
Fund on Schroder GAIA platform
3rd September 2012
Schroders is pleased to announce the launch of another internally-managed fund, Schroder GAIA
Global Macro Bond (the “Fund”), on its UCITS platform, Schroder GAIA (Global Alternative Investor
Access) – a regulated, transparently operated platform for UCITS funds designed to give investors
easier access to hedge funds. The Fund aims to deliver an annualised gross excess return of eight
per cent per annum over LIBOR using currency, sovereign and credit strategies, and is scheduled to
launch in October 2012.
The Fund will be managed by the Schroders Fixed Income (FI) Multi-sector team, led by Bob Jolly,
who joined Schroders in September 2011 as Head of Global Macro and has 30 years’ industry
experience. The FI Multi-sector team (consisting of ten investment professionals augmented by seven
European credit portfolio managers) will seek to generate consistent excess return through
diversification of investment style, alpha source and time horizon.
Drawing on the strength of nearly 100 fixed income investment professionals located globally (who
manage in excess of £41.6 billion 1), the FI Multi-sector team has access to regional expertise brought
together in a cohesive investment framework, which enables the team to operate without a style bias,
despite the prevailing environment.
Eric Bertrand, Director of Schroder GAIA, said:
“As a result of the synchronised global financial crisis and ensuing sovereign crisis, the western world is
dominated by zero or near zero interest rates combined with decade low government bond yields, rising
inflation and the prospect of developed countries defaulting. Against this backdrop, there has never been a
better time to invest in a strategy that is global, flexible and uncorrelated to many long-only investment
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Schroders, as at 30 June 2012
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 Fax +44 (0)20 7658 6965
www.schroders.com
strategies. The launch of Schroder GAIA Global Macro Bond allows us to respond to demands that we are
seeing from clients to this effect and utilise currency, credit and sovereign strategies to effectively harness
opportunities that may occur through the market cycle.”
Bob Jolly, Head of Global Macro at Schroders, said:
“The next decade is unlikely to look remotely like the last. While some progress has been made to
address the structural imbalances, the years to come will be characterised by shorter and sharper
economic cycles. Uncertainty will be very much the norm, with uncertainty comes volatility; such
volatility offers many exciting opportunities for experienced active fixed income and currency
managers. Schroder GAIA Global Macro Bond is about capturing all available opportunities, utilising
excellent portfolio construction and risk management skills, with the ultimate aim of building on
strengths demonstrated by our existing successful multi-strategy product offerings.”
The Schroder GAIA platform, which was launched in November 2009 and has reached $1.42 billion in assets
under management2, combines the strength of Schroders’ renowned asset management experience with
specialist hedge fund expertise. Combining strength and innovation, Schroder GAIA offers access to liquid
alternative investment strategies within a UCITS regulated mutual fund framework. Schroders has four funds
on the platform, two managed by external hedge fund managers (Schroder GAIA CQS Credit and Schroder
GAIA Egerton Equity) and two managed internally (Schroder GAIA QEP Global Absolute and the new
Schroder GAIA Global Macro Bond).
For further information, please contact:
Beth Saint, International -
Tel: +44 (0)20 7658 6168/ elizabeth.saint@schroders.com
Kathryn Sutton, International -
Tel: +44 (0)20 7658 5765/ kathryn.sutton@schroders.com
Charlotte Banks, Intermediary -
Tel: +44 (0)20 7658 2589/ charlotte.banks@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
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Schroders, as at 30 June 2012.
Schroders plc
Registered office at above address
Reg. 3909886 England
2
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 Fax +44 (0)20 7658 6965
www.schroders.com
Schroders is a global asset management company with £194.6 billion (€240.4 billion, $305.1 billion)
under management as at 30 June 2012. 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 33 offices in 26 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.
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Schroders plc
Registered office at above address
Reg. 3909886 England
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