Schroders overhauls investment leadership with hire from Lombard Odier

Schroders has hired Carolina Minio-Paluello who joins after six years with Lombard Odier as global head of solutions.

UK asset manager Schroders has made several changes to its leadership team, including the appointment of Lombard Odier’s global head of solutions to oversee its quantitative investment teams.

Schroders has recruited Carolina Minio-Paluello as global head of product, solutions and quant, responsible for the QEP and systematic investment teams, as well as products and solutions encompassing strategy, development, governance and marketing. She joins Schroders after more than six years with Lombard Odier.

Alongside Minio-Paluello, Schroders has appointed Charles Prideaux, a former BlackRock EMEA head of institutional client business, who joined the firm in 2017 as global head of investments in a newly-created role. Prideaux will lead the firm’s investment platform, ESG team and data insights unit. He was formerly global head of products and solutions at Schroders.

Johanna Kyrklund, group head of multi-asset investments, has also been handed a promotion and extended role as group chief information officer. Kyrklund will further oversight of Schroders’ investment performance, philosophy and processes in the more senior role.

Schroders said that Minio-Paluello, Prideaux and Kyrklund will work together in partnership across its investment desks, focusing on ensuring that the business is sufficiently agile to adapt to complex investment needs of clients.

“Bringing together the central oversight of investment management and performance, as well as product development, will enhance our ability to meet clients’ demands by developing innovative investment strategies and leverage our market-leading ESG, data insights and quant capabilities,” Peter Harrison, group CEO at Schroders, commented on the leadership shake-up.

In other moves at Schroders, John Troiano, global head of distribution, will retire from the asset manager at the end of this year after 38 years. Troiano will be replaced by Lieven Debruyne, who has been leading Schroders’ business strategy in Asia Pacific for the past 14 years. He will continue in his position as CEO of Asia Pacific until a successor for his role is appointed, at which time Lieven will relocate from Hong Kong to London.