The head of Schroders' European equities team and manager of two of funds, Gary Clarke, has left the firm to join JP Morgan, Investment Week understands.
Clarke will join JPM as co-head of global thematic and retail portfolios within the global equities team. He will work alongside Peter Kirkman to develop the group's global thematic and unconstrained business which currently manages $12bn in assets. Clarke was lead manager of Schroders' ISF European Equity Alpha fund and also ran its ISF Euro Equity fund. Jamie Lowry, who joined Schroders in 2004 and was an alternate manager on ISF European Equity Alpha for three years, is to be sole manager. As a result of the manager change, ratings agency OBSR says it has withdrawn its A rati...
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