Two fund managers in Schroders’ fixed income team have left the firm, following a restructuring of its bond arm to adopt a team-based approach.
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Bhupinder Bahra and Frederick Bourgoin are leaving in June to pursue other opportunities outside the group.
A spokesperson for the company said: "Schroders fixed income investment approach encompasses a globally integrated team of over 100 specialist analysts and portfolio managers. By working together in local markets, we believe we can provide a performance advantage to our clients."
The duo’s departure follows that of David Scammell in January, who was head of UK and European interest rate strategies. Scammell managed a range of funds, including the GBP1.2 billion ISF Euro Liquidity fund and the GB P320 million Gilt and Fixed Interest fund.
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