Schroders and Lloyds Banking Group have named the executive team for their joint venture, Schroders Personal Wealth, Investment Week can reveal.
The wealth management JV is expected to launch in June, subject to regulatory approval. Schroders announced its co-head of UK intermediary James Rainbow would be chief executive of the JV and Antonio Lorenzo, chief executive of Scottish Widows and group director of insurance and wealth, would be chairman, when the partnership was revealed in October 2018. Further appointments include: • Nick Allen, chief operating officer (currently chief operating officer within Lloyds Banking Group's Transformation division) • Marcus Brookes, chief investment officer (currently head of multi-...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
