Schroders has beefed up its fixed income team with the appointment of Bob Jolly as head of global macro.
Jolly, who will be based in London, comes to Schroders from UBS Global Asset Management where he headed global sovereign, currency and UK fixed income portfolio management. Prior to UBS, Jolly spent over 20 years at Gartmore where he became head of currency and fixed income portfolio construction. Jolly also spent two years at SEI developing customized overlay solutions for European institutional clients.
In the post he will take up at Schroders in September, Jolly will also be lead portfolio manager for a number of macro and multi-sector portfolios managed by a team of 10 in London. Current mandates include aggregate, sovereign and absolute return strategies with nearly $15 billion of assets under management.
Said Karl Dasher, Schroders’ global head of fixed income: “We are very pleased to bring someone of Bob’s caliber to our team. Bob has more than two decades of quantifiable experience as a portfolio manager in the global fixed income and currency markets, and he has developed one of the more enviable and consistent track records through highly varied environments. Bob’s proven execution skills as well as his strategic sense of how to build and evolve a macro investment process complements our long-term strategy.”
Schroders is a global asset management company with $322.8 billion under management as of March 31, 2011.