Schroders poaches Wellington fund manager

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Schroders has hired fixed income and currency specialist Bogdan Popovici from US asset manager Wellington Management.

Popovici has been appointed as a fund manager for global fixed income. Most recently, he was a macro portfolio manager on Wellington’s global rates and foreign exchange team, which he joined in 2011.

Previously, Popovici has held a fund management role with BlackRock Investment Management’s alpha strategies division, working on fixed income portfolios holding a total of $25bn.

Schroders head of global macro Bob Jolly says: “Today ,the Schroders global fixed income group encompasses a full integrated team based approach of over 100 specialist analysts and portfolio managers throughout the world.

“Bogdan is a highly skilled fixed income and currency fund manager and we are pleased that he has joined us to specialise in managing our global multi-sector funds, along with the rest of the team.”