Bateman replaces Buxton as Schroders' head of UK equities

Schroders has moved to fill its vacant head of UK equities position following Richard Buxton's departure, handing the role to its head of European equities Rory Bateman.

Bateman (pictured) will take up the newly created role of head of UK and European equities with immediate effect. Schroders stressed his fund management responsibilities will remain unchanged. Under the new position, Schroders will combine its European and UK value teams. Kevin Murphy, Nicholas Kirrage, Andrew Lyddon, Ian Kelly and Jamie Lowry will all report to Bateman. Robin Stoakley, managing director UK intermediary at the group, said: "Rory's experience means that he is well placed to take on the leadership of our UK Equities team. The combination of our UK and European val...