Schroders’ long-serving senior portfolio manager in Asian and small-cap equities, Matthews Dobba, will retire from fund management in 2021.
Ryan Hughes, head of active portfolios at AJ Bell, comments: “News that Matthews Dobbs has announced he will retire in March 2021 has come as little surprise given his long tenure at Schroders. Managing these moves is difficult but importantly Schroders have flagged this early and put a clear succession plan in place utilising the strength of the team at Schroders with Richard Sennitt stepping up on Asian Alpha Plus, Asia Pacific IT and Oriental Income IT.
“We currently use all of these funds and trusts across our products and therefore we will be meeting with Richard and Matthew very soon to discuss the transition. While not pre-judging the outcome of these discussions, I see no need for existing investors to have any concerns given the strong team at Schroders and the clear and well flagged transition process.”