Schroders’ head of EMD absolute return and commodities to step down

General-Business-People-Hire-Appointment-700x450.jpgSchroders’ head of emerging market debt absolute return and commodities group, Geoff Blanning, is leaving the firm to retire in April 2018.

Abdallah Guezour, head of emerging market debt absolute return, will assume the role of head of the emerging market debt absolute return and commodities group in January 2018.

Mark Lacey, who has worked alongside Blanning for the past three years as a fund manager for Schroders commodities strategy, global energy and global gold, will head up the commodities team and take over the energy sector responsibilities from January.

Guezour joined Schroders in 2000 and has worked with Geoff for over 20 years. Lacey has been a senior member of the commodities team since 2014 and has over 20 years investment experience.

Nicky Richards, global head of equities at Schroders, says: “I would like to thank Geoff for his outstanding contribution to Schroders over the past 19 years. He has built a robust business with a clearly defined investment philosophy, a robust investment process and a strong team culture.

“The appointments of Abdallah Guezour and Mark Lacey will give our clients absolute investment continuity. We have great strength and depth of experience within our emerging market debt absolute return and commodities group which has been proven through many different market environments since 2005.”