Global equity manager Lowry to leave Schroders

Global equity manager Lowry to leave Schroders

Fund manager Jamie Lowry is to leave Schroders after 12 years spent working for the firm.

Mr Lowry, who sits in the global value team and works on a number of the company’s funds, is set to depart “by the summer”, according to Schroders.

He is currently co-manager on the £131m Global Equity Income, $445m (£309m) ISF Global Equity Yield and $3.8bn ISF Global Dividend Maximiser funds, and sole manager on the €848m ISF European Equity Alpha portfolio.

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A Schroders spokesperson said: “Jamie Lowry, a fund manager within Schroders’ global value team, will leave Schroders by the summer to pursue other opportunities. We thank Jamie for his contribution over the past 12 years and wish him well for the future.”

Mr Lowry’s fund management responsibilities will be shared across the team, with Andrew Lyddon and Andrew Evans becoming co-managers on the European Equity Alpha portfolio.

The spokesman added: “There are no planned changes to the investment objectives or investment process of any impacted funds.”