RWC hires again as Schroders takes 49% stake

Thu Jul 1, 2010

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RWC Partners, the $2.2 billion London-based asset manager led by CEO Peter Harrison, has added to its growing line-up of managers with the hiring of top-rated fixed-income and currency pair Peter Allwright and Stuart Frost from Threadneedle.

Allwright and Frost are lead managers on the well-regarded Threadneedle Absolute Return Bond UCITS-compliant portfolios, which have grown to more than $3 billion since launch over four years ago.

They are also co-managers of the Threadneedle Absolute Return Bond Fund, the Threadneedle Target Return Fund and the Cayman-based Threadneedle Macro Trading Crescendo hedge fund strategy – which has been running for almost two years.

"On joining, Allwright and Frost will take over the management of the RWC Strategic Reserve Fund and will be launching funds with a more flexible approach to risk later this year," said RWC...

ISSN: 2151-1845 / CDC10004H


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