Cazenove Capital's director of investment funds Robin Minter-Kemp is expected to exit Schroders after the two groups combine later this year, Investment Week understands.
Last week Cazenove Capital shareholders approved the £424m deal which will add £19.7bn in AUM to Schroders' £212bn asset base. The deal is expected to complete in early July provided it is signed off by the Jersey regulator, with Minter-Kemp set to exit the combined business in the months following this, according to sources. Minter-Kemp is expected to help oversee the merger, before leaving the business, sources added. Schroders already has a large distribution team, which includes executive vice chairman Massimo Tosato, in charge of global distribution, as well as Carlo Trabatton...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes