Schroders announces senior leadership appointments

Schroders announces senior leadership appointments
Global firm's equities business has a new co-head for developed markets.
APR 19, 2024

Schroders has announced new leadership appointments in its equities business and in its specialist private markets operation.

The $957 billion global investment firm has appointed an industry veteran with 25 years of experience, Alex Tedder, as co-head of its equities business with a specific focus on the global, quantitative and developed market investment desks. Rory Bateman continues to oversee Asian and emerging markets teams. Simon Webber becomes head of global equities and Mark Lacey is head of thematic equities.

Meanwhile, in the private markets focused Schroders Capital, there are two senior appointments in the private debt and credit alternatives business.

Jason Kezelman has been hired as head of US private debt and credit alternatives sales within Schroders Client Group. Based in California, he will represent the business across all US markets including the expansion of the business with existing clients and prospects.

Kezelman joined the firm from TPG Angelo Gordon, where he was managing director and strategy specialist in the Client Partnership Group. Previous experience includes roles at Artisan Partners, two decades at Pimco, Merrill Lynch, MetLife, and Commonfund.

Also based in California is Loren Sageser, who has joined the private debt and credit alternatives team as senior product strategist, having been managing director and product specialist at Nuveen. Previously he was with Pimco, Barings Capital, Wells Fargo, and Franklin Templeton Group.

“We are truly excited to have Jason and Loren join our team,” said Michelle Russell-Dowe, co-head of PDCA, Schroders Capital. “The US market and US client base are critically important to our PDCA business plan. The appointment of Jason and Loren, two seasoned veterans with brilliant experience focused on credit and alternatives, is an important cornerstone to our development plans.”

Latest News

Fintech bytes: Envestnet reaffirms $1B RIA commitment with Tamarac tech investment
Fintech bytes: Envestnet reaffirms $1B RIA commitment with Tamarac tech investment

Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.

RIA moves: Maridea acquires multigenerational practice in Pennsylvania debut
RIA moves: Maridea acquires multigenerational practice in Pennsylvania debut

Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.

Private equity eyes 401(k) plans, but fees remain a hurdle
Private equity eyes 401(k) plans, but fees remain a hurdle

Asset managers are racing to bring private market products to retirement plans, but cost and liquidity concerns linger.

IRS floats proposal ending tax breaks for schools that weigh race
IRS floats proposal ending tax breaks for schools that weigh race

Treasury's latest tax-exemption crackdown on private schools lands in the wake of a separate push to restrict refundable credits for some immigrant filers.

Trust over tech:  The hidden signal of stock success in the AI era
Trust over tech: The hidden signal of stock success in the AI era

Workforce trust measures predicted which companies came out ahead during COVID-19. The same dynamic may now be playing out across the AI transition — and the data suggests the spread could be just as wide.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income