Rory Bateman, currently head of European equities at Schroders, has been appointed head of UK and European equities with immediate effect.
Bateman’s (pictured) fund management responsibilities remain unchanged.
In creating this new role, Schroders is combining the value investing activities in the UK and Europe into one value team. Kevin Murphy, Nicholas Kirrage, Andrew Lyddon, Ian Kelly and Jamie Lowry will all report to Bateman.
Peter Harrison, global head of equities, says: “Rory is a strong investor in his own right and has a proven track record as head of our European equities team, creating a culture where our talented fund managers and analysts thrive.
“The combination of our value investors in the UK and Europe into a single team will leverage better our research and skills in an area where we already have a strong presence.”