Minter-Kemp poised to exit after Schroders/Cazenove takeover

Cazenove Capital's director of investment funds Robin Minter-Kemp is expected to exit Schroders after the two groups combine later this year, Investment Week understands.

Last week Cazenove Capital shareholders approved the £424m deal which will add £19.7bn in AUM to Schroders' £212bn asset base. The deal is expected to complete in early July provided it is signed off by the Jersey regulator, with Minter-Kemp set to exit the combined business in the months following this, according to sources. Minter-Kemp is expected to help oversee the merger, before leaving the business, sources added. Schroders already has a large distribution team, which includes executive vice chairman Massimo Tosato, in charge of global distribution, as well as Carlo Trabatton...