qwant news | Stories of the Week: BlackRock European fund team shake-up, Schroders' New Europe chief, and the latest EWI/Saba updates

**Stories of the Week: BlackRock European Fund Team Shake‑up, Schroders’ New Europe Chief, and the Latest EWI/Saba Updates**

BlackRock has announced a reshuffle of its European fund‑management team, with several senior portfolio managers being moved to new mandates and a handful of positions being eliminated. The changes are aimed at streamlining the firm’s product offering across the continent and responding to intensifying competition from both active and passive rivals. Industry analysts see the shake‑up as a signal that BlackRock is tightening its focus on high‑growth strategies while cutting underperforming or duplicated teams.

Schroders has appointed a new head of Europe to steer its regional operations after a period of strong asset inflows and expanding client bases. The newly appointed chief brings a decade of experience in cross‑border distribution and sustainable investment, and will be tasked with integrating recent acquisitions and accelerating the firm’s push into ESG‑focused products. Investors have welcomed the appointment, viewing it as a move that could reinforce Schroders’ market position and enhance its ability to capture growth in a fragmented European market.

Read more: https://www.investmentweek.co.uk/sponsored/4527147/capg-sow

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