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US$1tn asset manager names new group chief executive

Schroders has named a former PricewaterhouseCoopers (PwC) senior executive to head its US$978.1 billion in AUM asset management business. Effective 8 November 2024 and subject to regulatory approval, Richard Oldfield has been appointed as group chief executive, succeeding Peter Harrison, Schroders said in a recent announcement. Harrison signalled his intention to retire in April. Schroders said the appointment of Oldfield…

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