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Aberdeen and Schroders announce fund manager losses

Fund managers Aberdeen and Schroders have announced a number of fund managers leaving on their US and UK desks.

Aberdeen has announced in a restructuring of its retail side that managers of its North American fund Rubert Della-Porter and Rupert Howard have left the company.

Former co-manager Alex Ingham is to take over the running of the fund and chief investment officer Katherine Garrett-Cox is expected to play a more hands on roll.

On the UK side, managers Simon Atherton and Neil Cummings have left and their funds are being taken over by Chong Yoon Chow, a member of Hugh Young&#39s team in Singapore. Chow will be relocated to London as a result.

Schroders have disbanded their US team of Ian Cooke and Ian Brady and their US active value and North American funds are to be taken over by Schroders&#39 investment strategy unit which uses a risk tool to manage money.

Adrian Cronje has been named as the new manager of its North American fund.

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