Schroders Announces Closure of Its Australian Private Debt Division
In a significant shift for its operations in the Asia-Pacific region, Schroders, a prominent global asset management firm, has announced the closure of its Australian private debt business. The decision aims to refocus the company’s efforts and resources on areas where it sees greater opportunity for growth and profitability.
Continue readingSchroders Restructures Leadership as New CEO Implements Growth Strategy
In a significant move aimed at revitalizing its growth trajectory, Schroders has announced a major shake-up in its upper management just weeks after the appointment of its new CEO. This decision reflects a decisive shift in strategy as the firm seeks to address challenges in performance and capitalize on emerging opportunities in the fast-evolving financial landscape.
Continue readingSchroders Faces Major $2.3 Billion Outflows Amid Leadership Change
In a significant development reflecting the ongoing turbulence in financial markets, Schroders Plc, the prominent British asset management firm, has reported a staggering outflow of approximately $2.3 billion in assets. This alarming trend comes just as the company prepares for a pivotal change in leadership. The current Chief Executive, Peter Harrison, is set to step down in the coming weeks, handing the reins to a new CEO.
Continue readingSchroders Appoints Richard Burnett as Finance Chief and Promotes Johanna Kyrklund to Board
In what seems like a move to complete the leadership structure of the company, Schroders has added Richard Burnett to the position of Chief Financial Officer. In a press statement released by the asset management giant Schroders, it announced that Burnett was starting the role with effect from September 26, 2024. The firm has also announced that Johanna Kyrklund has been elevated to its Board of Directors.
Continue reading