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Schroders in new record

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Fund manager Schroders said its assets under management rose to a record $452.5bn in the first quarter of 2014 after it took in new money across a range of products.



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People News: Barclays, C Suisse

Barclays’ head of European wealth management, Francesco Grosoli, will take over some responsibilities of Didier Von Daeniken, who previously ran the business in Asia-Pacific, Middle East and Africa, a person with knowledge of the matter said.