Schroders promotes Dear

Schroders has promoted Stuart Dear to head of Australian fixed income.

Dear first joined Schroders in 2012 as a fund manager for Australian fixed income and in 2016 he was named deputy head of fixed income. "As deputy head of fixed income, Stuart has successfully led the rates and credit teams, adapting the investment process to a challenging interest rate and credit environment," said head of fixed income and multi-asset Simon Doyle. "Appointing Stuart as head of Australian fixed income is recognition of his skills as a fixed income investor, his commitment and of the team's achievement's in delivering strong results for clients."

Schroders Australia CEO Sam Hallinan supported the promotion. "Fixed income continues to play an important role in client portfolios, and it is pleasing to be able to promote internally from what is already a very well-respected team in the market. Talent development and promotion from within is a great sign of success.

"It's clear that our industry is at a pivotal juncture. It is facing some tough and unique challenges with multi-decade low rates, asset-owner consolidation, regulatory reform and net-zero sustainability trends. While it is a given that a business as strong and successful as Schroders invests in its teams and capabilities to help our clients respond to these challenges, this is a people game and I am really happy to see Stuart take the reins of such an important investment capability."

Before joining Schroders, Dear spent time as a senior portfolio manager with Aberdeen Asset Management.