Schroders has hired Adam Cordery, previously with Invesco, as the fund manager for its UK retail corporate bond funds. He will run the firm's corporate bond fund and its monthly high income fund. Cordery spent nearly four years with Invesco, most recently as head of European high yield. Prior to that he worked at United Bank of Kuwait Asset Management as a high yield analyst for four years.

Perring retires from Threadneedle