Schroders is pleased to announce the hire of Stefan Krause in the role of Portfolio Manager in its convertible bond team based in Zurich. Stefan will work alongside Peter Reinmuth as co-manager of the Schroder ISF Global Conservative Convertible Bond.
Stefan joins Schroders from Man Investments (CH) AG where he was responsible for managing the Man Convertibles Europe Fund. Prior to joining Man in 2012, Stefan spent two years with Warburg Invest in Hamburg as a portfolio manager for European convertibles and almost five years with UBS in Zurich. Stefan holds a Master’s in Business Administration from the University of Zurich.
The hire coincides with the first anniversary of Schroder ISF Global Conservative Bond, in which the fund has achieved strong performance against the benchmark and peers, and continues to see positive inflows. The fund aims to provide capital protection and growth within volatile markets by investing in high quality convertibles with an average credit quality of investment grade at all times. The conservative approach emphasises protective elements of convertibles, focusing on above-average downside protection.
With a team of eight specialists, Schroders convertible bond team manages three dedicated investment strategies: global opportunistic, global conservative and Asian convertible bonds.