Head of UK wealth Doug Abbott exits Schroders for Vanguard after 15 years

Joined as graduate trainee

James Baxter-Derrington
clock • 1 min read

Doug Abbott, head of UK Wealth at Schroders, is set to depart the firm after 15 years, having joined the asset manager as a graduate trainee in 2008, Investment Week can reveal.

Abbott, who took on his new role as head of UK wealth, UK client group, last September, held a variety of roles during his time with Schroders, including country head, South Africa, and head of UK intermediary. While his new role is not yet known, Investment Week understands Abbott's onward destination is Vanguard. In the interim period, Abbott's responsibilities will be assumed by James Rainbow, Schroders UK head. Schroders posts 'resilient performance' despite profits suffering from 'market headwinds' A Schroders spokesperson said: "Doug Abbott is leaving the business after mo...

To continue reading this article...

Join Investment Week for free

  • 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

Join now

 

Already an Investment Week
member?

Login

More on People moves

Kelly Prior joins Marlborough as investment director

Kelly Prior joins Marlborough as investment director

Two more additions to multi-asset team

Sorin Dojan
clock 31 January 2025 • 2 min read
Rathbones poaches BNY's Lamb for client marketing role

Rathbones poaches BNY's Lamb for client marketing role

Will report to Iain Clark

Beth Brearley
clock 30 January 2025 • 1 min read
Columbia Threadneedle's Peter Hewitt elected to the board of the AIC

Columbia Threadneedle's Peter Hewitt elected to the board of the AIC

Four decades in the industry

Linus Uhlig
clock 30 January 2025 • 2 min read
Trustpilot