SEC accuses former Schroders portfolio manager of fraud

clock

The US Securities and Exchange Commission has accused a former Schroders Investment Management North America portfolio manager of using confidential information to encourage his family members to offload their shares in funds he managed.

In a filing this week, the SEC alleged David Baldt, former portfolio manager of the Schroder Municipal Bond Fund and the Schroder Short-Term Municipal Bond Fund told family members to sell their ho...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Private markets expected to outperform over next five years

Private markets expected to outperform over next five years

More than half of institutional investors to increase allocation in next two years

Jasmine Urquhart
clock 05 February 2025 • 2 min read
Opportunities in investment-grade securitised credit

Opportunities in investment-grade securitised credit

Why securitised remains an underinvested asset class in the UK and how investor demand is increasing

Professional Pensions
clock 05 February 2025 • 21 min read
CofE Pensions Board secures £50m for retirement housing

CofE Pensions Board secures £50m for retirement housing

Revolving credit facility with NatWest will help grow CEPB’s retirement housing portfolio

Jasmine Urquhart
clock 04 February 2025 • 1 min read
Trustpilot