Posted inHead To Head

HEAD-TO-HEAD: Blackrock vs Schroders

FSA compares the BGF World Energy Fund and the Schroder ISF Global Energy Fund.
by Fund Selector Asia

123456

Manager review

The Blackrock fund is co-managed by Alastair Bishop and Mark Hume.

Last year, the lead manager for the fund, Poppy Allonby, stepped down from her fund management role and Bishop took over as lead manager. In March this year, Hume joined as co-manager.

They belong to the firm’s natural resources equity team within the fundamental equity division.

“There has been some turnover on the team during recent years,” Ng said. “So far, the departures did not affect the fund performance. I believe it is mainly due to the long track record and experience of team members as a whole.”

For the Schroders fund, the manager is London-based Mark Lacey. After the departure of co-manager John Coyle in May 2017, Lacey became sole manager of the fund.

Ng said Lacey is a seasoned manager with a long track record in the industry.

Lacey, who started his career managing commodities portfolios, has a total of 21 years of experience investing in commodity-linked companies at several global firms such as JP Morgan Asset Management and Investec Asset Management.

Ng believes his previous experience in managing energy funds will prove to be helpful because he has maintained a strong network within the commodity industry.

123456

Related Stories

FSA SPY

The FSA Spy market buzz – 22 November 2024

Dimensional excludes the Middle Kingdom; JP Morgan’s optimistic outlook; Household wealth is rocketing; Schroders is thinking about privates; Ninety One’s pithy AI; German woes and much more.

Part of the Mark Allen Group.