Schroders is a global asset management company.

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Why Schroders' reshuffle looks like a triumph of chumminess

Well played, Michael Dobson, that was a terrific 14-year innings as chief executive of fund manager Schroders, one of the few grand old City names to flourish in the modern world. A loss-making company in 2001 now makes profits of £600m. Take a bow, have a party and enjoy your retirement.

Schroders in new record

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.


The Results Of The 'City Oscars'

Around 500 'leading City practitioners' had lunch at the Guildhall on Wednesday to hear the official results of the 31st Thomson Extel research Survey, which reflects the views of 1,037 buy-side firms, 151 brokerage firms and 298 of Europe's largest quoted companies. UBS once again took the lead award, the main 'City Oscar', with Merrill Lynch coming in second. The Key results are detailed below. 2003 results in brackets.

Collins Stewart, Credit Suisse, Lazard, Schroders

Collins Stewart and the Financial Times have settled their libel spat. The newspaper's owner, Pearson plc, agreed to pay $528,000 to settle a damages claim brought by the broker in conncetion with a series of articles published in August 2003 and related to allegations made by a former analyst at the firm.


Now hiring - not

People News: BofA Merill Lynch, Schroders

Bank of America Merrill Lynch has appointed Philippe Chryssicopoulos as its head of power, utilities and renewables investment banking for Europe, Middle East and Africa, according to a memo seen by Reuters.