Schroders appoints co-heads of UK intermediary to replace US-bound Middleton

Sam Gold and Doug Abbott to take reins

Schroders has appointed Sam Gold and Doug Abbott as co-heads of its UK intermediary business to replace Phil Middleton, who will re-locate to the US to lead the firm’s push into the North American institutional market.

Gold, who is currently head of intermediary business development in London, and Abbott, who is Schroders' country head in South Africa, will take over the reins of the UK intermediary business at the end of Q1 2020. The move represents a return to a co-head strategy for the business. Middleton, who will become head of institutional distribution, North America, will spearhead Schroders' enhanced focus on what it called a "strategically important region". James Rainbow, Schroders' head of UK distribution and Latin America, told Investment Week the pair had "done an excellent job" in hel...