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 Strategic Bond
Fund for Gareth Isaac
7 February, 2012
Schroders today announced the launch of the Schroder Strategic Bond Fund (subject to FSA
approval) which aims to achieve a total return by investing across a broad range of fixed income
markets. The Fund will sit in the UK IMA Strategic Bond sector and be managed by Gareth Isaac,
Senior Portfolio Manager, with the alternate manager being Bob Jolly, Head of Global Macro.
The benchmark unconstrained Fund will invest in fixed income opportunities across the globe while
actively allocating between government bonds, investment grade corporates, high yield corporates
and emerging market debt of both governments and credit. Additionally the Fund may use derivatives
to limit downside risk, with 80% of the portfolio being hedged back to sterling.
Robin Stoakley, Managing Director of UK Intermediary at Schroders, said:
“We are delighted to launch a fixed income offering which allows the fund manager flexibility to invest
in the full spectrum of fixed income instruments globally. This fund is ideal for fixed income investors
seeking higher performance potential and is an excellent way to diversify from an allocation to pure
equities.”
Gareth Isaac, Senior Portfolio Manager and Manager of the Schroder Strategic Bond Fund,
said:
“Against a backdrop of rock bottom interest rates in the western world combined with low yields on
money market and government bonds, investors are turning their attention to alternative fixed income
asset classes such as investment grade and high yield bonds for better returns. We currently see
fantastic value in good quality corporates and high yield issuers as a part of a balanced fixed income
portfolio.”
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
Gareth joined Schroders in 2011 from GLG where he managed the GLG Core Plus Sterling Bond, the
GLG Total Return Bond and GLG Gilt funds. Prior to that Gareth was a Senior Fixed Income
Manager at SG Asset Management.
Bob was previously Head of Currency, UK Fixed Income and Global Sovereign at UBS Global Asset
Management. Prior to this Bob spent over two decades at Gartmore where he rose to the position of
Head of Fixed Income Portfolio Construction.
Gareth sits within Schroders’ multi-sector investment team which comprises 100 investment
professionals globally including 30 portfolio managers and 30 credit analysts.
For further information, please contact:
Lauren Stewart
Tel: +44 (0)20 7658 2589/ lauren.stewart@schroders.com
Notes to Editors
Credit risk / Foreign exchange: The currency derivative instruments employed are subject to the risk of
default by the counterparty. The unrealised gain on the transaction as well as some of the desired
market exposure may therefore be lost.
Credit risk / Non-Investment Grade: Non-investment grade securities will generally pay higher yields
than more highly rated securities but will be subject to greater market, credit and default risk.
Credit risk / Money market & deposits: Investments in money market instruments and deposits with
financial institutions may be subject to price fluctuation or default by the issuer. Some of the amounts
deposited may not be returned to the fund.
Market risk / ABS / MBS: The issuer of Mortgage or Asset backed securities may have a limited ability
to recover amounts due if the underlying borrowers become insolvent or their collateral drops in value.
Operational risk / Operational: The Fund's operations depend on third parties and it may suffer
disruption or loss in the event of their failure.
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http://ir.schroders.com/media
Schroders plc
Schroders is a global asset management company with £182.2bn (€211.6 billion, $283.9 billion) under
management as at 30 September, 2011. Our clients are major financial institutions including pension
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
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 32 offices in 25 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 or on Schroders Talking
Point www.schroders.com/talkingpoint.
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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