Michael Devereux - Multi-Asset Portfolio Manager • Joined Schroders in 2012 and is based in London • Michael is a Multi-Asset fund manager, which involves portfolio construction, optimisation and strategy for Multi-Asset growth portfolios • He is currently head of the Currency risk premia team of the Strategic Investment Group Multi-Asset (SIGMA) • CFA Charterholder • BSc in Economics from University College London • MSc in Finance from Imperial College Business School

Ugo Montrucchio - Head of Multi-Asset Investments, Europe • Joined Schroders in December 2013 and is based in London • He manages assets on behalf of Institutional and Retail clients • Prior to joining Schroders, Ugo worked as a Director at BlackRock from 2006 (formerly Barclays Global Investors) where he was the lead portfolio manager specialising in diversified growth and risk parity strategies. He joined as a research associate in the Liability Driven Investment (LDI) Team • Prior to this, he worked as a fixed income investment analyst at Barings Asset Management from 2004 to 2006 with oversight on liability driven investments. Ugo’s career commenced in 2000 at Barra International Ltd, where he worked as a consultant to portfolio/risk managers • He is currently head of the Duration risk premia team of the Strategic Investment Group Multi Asset (SIGMA) • CFA and CAIA Charterholder • BSc in Economics, Turin (Italy); MSc Finance, Greenwich (UK)