SIML adds second Schroder fund to MM Japan

The £3.2m purchase means the fund makes up 12% of the £28m multi-manager portfolio and will sit next to Schroder Tokyo. It replaces the JPMorgan Asset Management Institutional Japan although this fund will remain in the portfolio via a segregated mandate. The Schroder Japan Alpha Plus fund is managed by Nathan Gibbs who also manages the Japanese element of SIML’s Global Best Ideas fund. His colleague Andrew Rose runs the Tokyo fund. James Millard, chief investment officer at SIML, said: “Nathan is a manager we have rated highly for a long time and we are delighted to be taking adva...