Schroder Oriental Income fund’s director Kate Cornish-Bowden has officially departed from the firm following a portfolio management clash.
Cornish-Bowden stepped down after the International Biotechnology trust, which she chairs, appointed Schroders as the firm's alternative investment fund manager in August, with the move coming into effect today (17 November). Schroders launches two sustainable thematic equity funds In a stock exchange notice, Schroders said the Oriental Income's board was now beginning the process finding her replacement. Paul Meader, chair of the trust, thanked Cornish-Bowden "for her significant contribution as a non-executive director over the past five years". "We are really sorry to lose he...
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