Schroders appoints Head of Global Equities - Insurance News | InsuranceNewsNet

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April 28, 2014 Newswires
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Schroders appoints Head of Global Equities

PR Newswire Association LLC

NEW YORK, April 28, 2014 /PRNewswire/ -- Schroders is pleased to announce the appointment of Alex Tedder as Head of Global Equities.

Alex will join us in June 2014 from American Century Investments where he was Senior Vice President and Co-head of Global and Non-US Large Cap Strategies, managing US $21 billion of assets and a team of 15, as of December 31, 2013.

As Head of Global Equities, Alex will assume responsibility for the Global and International Equities team's business management and strategic planning. He will also lead the team and drive the development of the team's franchise. Simon Webber will retain his investment focus and portfolio management duties, working with the team's Global Sector Specialists to ensure that client portfolios benefit from the team's proven research capabilities and high-conviction idea generation.

There will be no change to the team's investment style or the main elements of the investment process. The approach utilizing global sector specialists will remain at the core of the team's investment process.

Peter Harrison, Global Head of Equities, comments:

"I am delighted to welcome Alex to Schroders. He is a strong investor with 20 years' experience and is an excellent cultural fit with our existing Global Equities team, consisting of eight global sector specialists and two portfolio managers."

"Global equities is a priority growth area for Schroders. Together, Alex and Simon will drive our existing strong business forward and make it world class, enhancing our portfolio construction process and delivering performance for clients over the long term." 

Portfolio Manager Global Equities, comments:

"I am excited by the prospect of working in partnership with Alex to build on the established capabilities of the team for the benefit of our clients."

For further information, please contact:

Chris Moon of JCPR at 973-850-7304 or[email protected]Jennifer Brogadir of Schroders at 212-641-3863 or [email protected]

Notes to Editors:

Alex Tedder - Biography

Alex Tedder was most recently senior vice president and co-head of global and non-US large cap strategies at American Century Investments (ACI). He joined ACI in 2006 and has worked in the financial industry since 1990.

Prior to this, he was with Deutsche Asset Management Ltd. where he spent 12 years in various capacities including Managing Director and Head of International Equities/portfolio manager. He was lead manager of the Deutsche International Select Equity Fund from inception in May 1995. He also previously served as co-manager of Scudder International Fund, Scudder Worldwide 2004 Fund, Deutsche Global Select Equity Fund and Dean Witter European Growth Fund. Prior to Deutsche, he worked for Schroders in the UK and Germany, where he was responsible for promoting European Equity mandates alongside Schroders' Private Equity operation.

He graduated magna cum laude from the University of Freiburg in Switzerland with a master's degree in economics and business administration. He holds A-levels in mathematics, history and economics from Winchester College in the United Kingdom. He also lectured in business economics and conducted postgraduate research at the University of Basel in Switzerland.

About Schroder Investment Management North America Inc.

Schroder Investment Management North America Inc. is a unit of Schroders plc (SDR.L), a global asset management company with approximately $435.4 billion under management as of December 31, 2013. Schroder's clients include major financial institutions including banks and insurance companies, as well as local and public authorities, public and private pension funds, endowments and foundations, intermediaries and advisors, as well as high net worth individuals and retail investors. The firm has built one of the largest networks of offices of any dedicated asset management company with more than 400 portfolio managers and analysts covering the world's investment markets, offering a comprehensive range of products and services.

Schroder Investment Management North America Inc. is an investment advisor registered with the U.S. SEC. It provides asset management products and services to clients in the U.S. and Canada including Schroder Capital Funds (Delaware), Schroder Series Trust and Schroder Global Series Trust, investment companies registered with the SEC (the "Schroder Funds").

Shares of the Schroder Funds are distributed by Schroder Fund Advisors LLC, a member FINRA. Schroder Investment Management North America Inc. and Schroder Fund Advisors LLC are indirect, wholly-owned subsidiaries of Schroders plc, a UK public company with shares listed on the London Stock Exchange.

For additional information about Schroders, go to www.schroders.com/us.

SOURCE Schroder Investment Management North America Inc.

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