Old Mutual Global Investors (OMGI) has raided the Schroders’ UK equity team once again by hiring Ed Meier, co-manager on the Schroder UK Equity fund.

Meier;s appointment follows the asset manager’s head of UK equities, Richard Buxton’s, and fellow UK equity manager Errol Francis’s move to OMGI.

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Meier joined Schroders in January 2006. He started his career in Fletcher Advisory in 2000. Meier subsequently had a spell at BAE Systems Pensions Funds in 2002, where he learnt his craft as a UK equity manager before joining Schroders in January 2006. He has co-managed the GBP648 million Schroder UK Equity fund alongside Francis since January 2010.

This latest development increases the pressure on Schroders to find several senior replacements, including Buxton’s.

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