Gareth Isaac, fixed-income fund manager, will leave Schroders to pursue opportunities outside the firm, said a spokeswoman.
Paul Grainger, senior portfolio manager, and Bob Jolly, head of global macro strategy, assume his responsibilities, effective Friday.
Mr. Isaac, who joined in 2011, was part of the global multisector team, said a statement provided by the spokeswoman. He co-ran the money manager’s $2.4 billion global bond fund, alongside Messrs. Grainger and Jolly.
Schroders will look to “further strengthen the team in due course,” the statement added.
Mr. Isaac was not available to comment on his future endeavors by press time.