Al Clark joins Schroders

fixed-interest/chief-executive/BT/

6 September 2007
| By George Liondis |
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Greg Cooper

Former BTFinancial Group head of multi strategy Al Clark is to take on a newly-created, Singapore-based role with international asset manager Schroders.

As head of multi-assets for the Asia-Pacific region, Clark will be responsible for more than $5 billion in multi-asset mandates in Singapore, Hong Kong, Taiwan, Japan, South Korea, Indonesia and Australia. He will report to Schroders’ London-based global head of multi-assets.

Clark publicly announced his resignation from BT earlier this month, just six months after taking on the role. He had, however, worked within the group’s investment management team for the two-and-a-half years prior. Before that, he worked within Macquarie Fund Management’s domestic fixed interest division.

Greg Cooper, chief executive of Schroders’ Australian business, said Clark’s “strong experience lends itself to strengthening our existing multi-asset capabilities in both the Asian region and globally”.

Clark said he was looking forward to working with a global organisation with a long-standing commitment to multi-asset management.

“They are an established and successful player in the Asia Pacific region … and I am excited to be joining this well-regarded and capable team.”

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