Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at http://citywire.co.uk/wealth-manager/article/a514052

Schroder Private Banking appoints Rothschild strategist CIO

by Danielle Levy on Aug 05, 2011 at 12:51

Schroder Private Banking appoints Rothschild strategist CIO

Schroder Private Banking is seeking to boost its investment team with the hire of Rothschild's strategist Kieron Launder as chief investment officer.

Launder, who was Rothschild Private Management's chief investment strategist and head of strategic advisory solutions, is set to join Schroders in September. He will form part of the management committee and report to Private Banking head Rupert Robinson (pictured).

In his new role, Launder will work closely with Nico Marais, head of multi-asset solutions, and has been tasked with examining whether the private bank's private client and charity offering leverages the group’s expertise in multi-asset investing and portfolio solutions.

The hire follows news that Schroders is planning to launch a dedicated advisory arm on the back of client demand for greater involvement in investment decisions.

3 comments so far. Why not have your say?

Franco

Aug 06, 2011 at 19:52

Why do people go to wealth managers and get fleeced? Over a life time, with their double layer of charges they will take 75%% of their assets.

Any fool can select a couple of index tracking UT or ETF in a few sectors and sit back and collect the income.

report this

Mike Fish

Aug 07, 2011 at 08:18

Maybe Franco, but can they get leveraged positions on their portfolios?

report this

Mike Fish

Aug 08, 2011 at 12:37

Private Banks et al should also be in a position to negotiate institutional rates to ameliorarate commission charges that DIY investors cannot achieve.

report this

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Sponsored Video: Bringing it all back home


As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.

Today's top headlines

Investing for income in a changing environment


With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop

On the road

Click here to find out more from the Audience Development team.

Sorry, this link is not
quite ready yet