Schroders has named Abdallah Guezour as its new head of emerging market debt absolute return and commodities, following the announcement that Geoff Blanning is set to retire.
Blanning is to leave the group in April 2018, after almost two decades with the firm.
Guezour was most recently head of emerging market debt absolute return and has been with the company since 2000. He is a named manager on the Schroder ISF Emerging Markets Debt Absolute Return fund.
This transition will be aided by Mark Lacey, a fund manager within the commodities team, who will oversee the leadership of the group and the firm's overall energy sector responsibilities from January. Lacey is currently the lead manager on the Schroder ISF Global Energy and Schroder Global ISF Global Gold funds.
Schroders said its commodities-focused efforts have increased significantly over the past three years. The new appointments indicate a continued commitment to this area.
Commenting on the changes, Nicky Richards, global head of equities at Schroders, said: ‘The appointments of Abdallah Guezour and Mark Lacey will give our clients absolute investment continuity.
‘We have great strength and depth of experience within our emerging market debt absolute return and commodities group, which has been proven through many different market environments since 2005.’