Dean exit fallout: Whitechurch labels Schroder UK Opps a sell

Whitechurch Securities has moved to sell clients' positions in the Schroder UK Opportunities fund following Julie Dean's exit from the group.

Dean has been running the £2.1bn fund for Schroders since last year, when she joined the group following the takeover of Cazenove Capital. In total, she runs over £4bn in the UK Opportunities strategy, including the Oeic and additional mandates. She has established herself as a leading UK equity manager having worked at Cazenove since 2002, and her exit has prompted Whitechurch to act. Ben Willis (pictured), head of research at Whitechurch, said the manager's departure added to the list of other concerns about the mandate, including its size. "Following the announcement of fund man...