Michael Dobson

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Schroders said to make changes at board level

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Schroders is preparing to refresh its board with two new non-executives this year as part of an olive branch to investors concerned about the unorthodox decision to appoint the wealth firm’s long-standing chief executive Michael Dobson as chairman.

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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Schroders said to make changes at board level

Schroders is preparing to refresh its board with two new non-executives this year as part of an olive branch to investors concerned about the unorthodox decision to appoint the wealth firm’s long-standing chief executive Michael Dobson as chairman.