Former Brevan Howard Asset Management executive Philippe Lespinard is getting busier in his new job at Schroders.
Lespinard has been named manager or co-manager of the six funds managed by Jamie Studdart, the former head of Schroders' European fixed-income business, who has left the firm. Lespinard, who led the UCITS III effort at Brevan Howard, has been at Schroders for just six months; he replaced the last high-profile fixed-income executive to leave the firm, Nick Gartside, its former global head of fixed income.
Studdart, who was named to his most recent position three years ago, left Schroders "to pursue other opportunities." He had been with the firm since 2003.