People Moves

RWC hires again as Schroders takes 49% stake


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