Matt Bennison appointed co-manager of Schroder Income Growth fund

Matt Bennison appointed co-manager of Schroder Income Growth fund

The board of the Schroder Income Growth fund, listed on the London Stock Exchange, has announced a new co-manager, alongside measures to enhance shareholder returns, including a cut in fees.  Matt Bennison (pictured) has been promoted to co-manager to work alongside head of UK equities Sue Noffke on the fund, effective immediately. Bennison has worked on the fund for eight years and is also co-manager of the Prime UK Equity strategy. He has work…

Schroder Income Growth cuts costs, sharpens discount control and bolsters team to enhance returns - QuotedData

Schroder Income Growth Fund (SCF) has published its half-year results to 28 February 2025, reporting a NAV total return of 2.9%, trailing its All-Share Index benchmark, which it says returned 5.2%. While performance lagged over the period, the board has unveiled a series of proactive steps aimed squarely at improving shareholder outcomes – including material cost reductions, stronger discount management, and investment team enhancement. The shar…