Schroder UK Mid Cap Fund plc announced that Rosemary Banyard has decided to leave Schroders, and will be stepping down as the company's lead portfolio manager with effect from March 31, 2016. Rosemary will continue to manage the portfolio until that time, following which Andy Brough, who has co-managed the portfolio with Rosemary since Schroders was appointed Manager in May 2003, will assume lead manager responsibility for it.