By HAYLEY RICHES 21/12/2009
Simon Brazier, manager of the Schroder UK Equity fund, is leaving Schroders after 11 years to join Threadneedle as co-head of UK equities.
Brazier will be replaced by Errol Francis and Ed Meier who will be co-managers on the Schroder UK Equity fund as well as on Brazier's offshore Schroder International Selection Fund (ISF) UK Equity.
Francis and Meier are both experienced managers with Francis joining Schroders at the start of 2007 as a fund manager within the specialist UK equities team, working closely alongside Richard Buxton, head of UK equities. He has 16 years of investment experience, previously managing UK equities at Baring Asset Management and Credit Suisse Asset Management. Meier has nine years of investment experience, including his time spent at Schroders which he joined in 2006 as a member of the UK equities team.
Recommendation
We do not currently recommend this fund. Our rated funds in the UK All Companies sector include Blackrock UK Special Situations, AXA Framlington UK Select Opportunities and M&G Recovery.