The announcement of Richard Buxton’s departure from Schroders last week may have come as a shock, but he is not the first high profile manager from the firm to defect from the asset manager and continued to thrive.
Richard Buxton's departure has been overshadowed by the proposed acquisition of Cazenove by Schroders, and for wealth managers it is certainly the more pressing concern…
Schroders has made a £424m offer for Cazenove Capital in an acquisition that will see all Cazenove funds their managers move across to the merged business, subject to shareholder approval.
Hot on the heels of Richard Buxton's planned departure from Schroders, the firm has confirmed it is in talks with Cazenove Capital regarding a takeover, in a move that could re-bolster its UK equity capabilities.
"This fund is never going to be average; it is by virtue of conviction and concentration either first or fourth quartile". Richard Buxton has always been clear in his approach, but is now the time for investors to follow him from Schroders to Old Mutual?
Schroders' private banking profits fell by more than 50% in 2012, and the firm forecasts further outflows in the short term.
In the latest of a number of fixed income developments Schroders has launched a Global Unconstrained Bond Fund to be managed by Bob Jolly and his global multi-sector team.
Keith Wade takes a global roadtrip to assess where the macro risks are and how likely they are to impact on his investment strategy.
Skandia is to launch a range of 23 new sub-advised funds for its new focused fund range from the ten external fund groups it recently signed up, the firm has announced.
Schroders has re-opened its US mid-cap strategy to capitalise on renewed investor appetite for developed market equities.
Openwork has unveiled details of four new funds ahead of the forthcoming launch of a multi-asset model portfolio range.
Schroders is launching sterling-hedged unit classes on four European and Japanese funds in response to fears over currency volatility.
