Schroders has appointed Al Clark to head its $5 billion multi-assets team for the Asia Pacific region, based in Singapore.
As reported in Investordaily earlier this week, Clark will head to the Lion State in October to run Schroders multi-asset mandates in Hong Kong, Indonesia, Singapore, South Korea, Taiwan, Japan and Australia. He will report to Schroders global head of multi-assets in London.
"We are delighted Al is joining the team. This is a new role and his strong experience lends itself to strengthening our existing multi-asset capabilities in both the Asian region and globally," Schroders Australia chief executive Greg Cooper said.
Clark had only accepted the newly titled role as BT Financial Group's head of multi-strategies in March, following the departure of BT head of alternative investments Richard Keary. He spent three years at BT and nine years at Macquarie Bank.
"Schroders is one of the few global organisations committed to multi-asset and has state-of-the-art asset allocation tools for institutional investors ... I am excited to be joining this well regarded and capable team." Clark said.
