Wood Pat CapTst plc - Portfolio Manager Appointment and Change of Name
Portfolio Manager Appointment
and Change of
The Board of Schroder
The Company has today been renamed
Further details on
Schroders employs a collaborative team-based approach, combining its skill, experience and significant research resources across both public listed equity, and private equity.
Schroders' Private Equity investment team, Schroder Adveq, has over 20 years' experience and a track record of successfully investing in early stage companies both direct via co-investment and through funds. Schroder Adveq has over
Schroders will leverage its stock selection expertise from across its public equities teams, as well as its wider investment capabilities in Data Insights and Sustainability. The aim will be to exploit the very best of Schroders' long-term fundamental equity analysis in pursuit of identifying leading businesses of the decades ahead.
"I am extremely pleased to announce the appointment of Schroders as the Company's portfolio manager. Following a smooth handover, the Board is confident that the portfolio manager's expertise in both public and private assets, alongside its deep sector experience, will enable the portfolio to deliver sustainable value and positive long-term shareholder returns.
I have been highly impressed with the Schroders team and their approach, having worked closely with them during the transition. The Board and I look forward to keeping shareholders updated as Schroders gets started as our new portfolio manager."
"Schroders is delighted to have been given the opportunity to manage this portfolio. The investment strategy we will utilise for the mandate, with its focus on investment in both public markets and private assets, reflects one of our key strategic growth areas across our business. We are also pleased that the borrowing facility has been extended for a 12-month period, allowing time for a considered approach to de-gearing the portfolio and providing the portfolio managers more flexibility in managing the Company's assets for the benefit of the shareholders."
As detailed in the Portfolio Manager Appointment announcement on
There is no performance fee payable until
This announcement contains Inside Information as defined under the Market Abuse Regulation (EU) No. 596/2014.
This information is provided by RNS, the news service of the
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