Schroders launches Strategic Bond fund for new hire Isaac

The Schroder Strategic Bond fund, which will sit in the competitive IMA £ Strategic Bond sector, will invest in government bonds, investment grade corporates, high yield corporates and emerging market debt. Isaac, who joined the group last October from GLG having previously managed the GLG Core Plus Sterling Bond, GLG Total Return Bond and GLG Gilt funds, will be lead manager with Jolly as alternate. The fund is awaiting FSA approval but Investment Week, IFAonline's sister title, understands it is likley to launch in Q2. As well as taking long positions in debt they favour, Issac a...