Schroders has named Neil Sutherland as head of US fixed income, who steps into the role as Lisa Hornby departs for pastures new.
Neil Sutherland
The move marks an internal promotion for New York-based Sutherland, who has been at Schroders for 13 years, initially joining as a portfolio manager for core plus strategies.
Sutherland brings extensive buy-side fixed income experience to his new role, and prior joining Schroders, he spent almost five years on the US west coast, serving as a principal, portfolio manager at STW Fixed Income.
Earlier in his career, he also held investment manager positions at AXA Investment Managers and Newton Investment Management, both based out of London.
“We can confirm that Lisa Hornby has left Schroders and thank her for her contribution over the past 15 years and wish her well,” a Schroders spokesperson affirmed.
“Neil Sutherland, who has been integral to the US fixed income investment process since joining Schroders when we acquired STW in 2013, will be taking over as head of US fixed income. [Sutherland] brings close to 30 years of investment experience and deep client relationships.”
Currently, Hornby’s next position is unconfirmed.
She initially joined the asset manager as a portfolio manager in 2010, before moving up the ranks to head up US multi-sector fixed income, and later leading the firm’s US fixed income offering.
Speaking in an announcement on social media, she said: “I’m deeply grateful for the people, partnerships, and experiences that made this chapter so meaningful. It’s been a privilege to build and grow alongside such a talented team. Excited for what comes next – and looking forward to staying in touch.”
In February 2026, global asset manager Nuveen confirmed that it was set to acquire Schroders in a blockbuster £10 billion deal, expected to be completed in Q4 2026.
The acquisition will make the new entity one of the largest active asset management firms across the world, with almost $2.5 trillion asset under management (AUM), and is set to help “meet institutional clients’ increasingly diverse needs”.