Schroders continues expanding its sustainable investment capabilities with the appointment of Saida Eggerstedt a head of Sustainable Credit.
Eggerstedt will report to Patrick Vogel, head of Credit in Europe at Schroders. She will also assume the role of Sustainable Credit fund manager and work in partnership with Schroders' Sustainability team, led by Jessica Ground, Schroders' global head of Stewardship.
Schroders' head of Sustainable Credit brings over a decade of experience managing sustainable credit strategies for institutions and intermediaries. Most recently, she was head of Corporates, Financials, at Deka Investment. Prior to Deka, she managed credit portfolios, including sustainable strategies at Standard Life Investments. She also held the position of head of High Yield at Union Investment.
Patrick Vogel, Head of European Credit, Schroders, said: "Eggerstedt is an experienced and accomplished investor in sustainable credit. She will further enhance the strength of the team by providing a specialist sustainable investment lens, and also as an architect in our range of sustainable credit strategies."
Jessica Ground, Global Head of Stewardship, Schroders, added: "We have been integrating ESG into our investment processes for twenty years, viewing it as an essential to securing long-term, sustainable returns in a continually changing investment environment for our clients.
"Eggerstedt's arrival will ensure Schroders' ability to deliver the very best in ESG credit investment solutions for clients is further bolstered."
Schroders manages £78.1bn in fixed income strategies on behalf of its clients globally, representing almost a fifth of the firm's total assets under management.