Schroders head of investment Richard Horlick has decided to step down from the board as of May 25th, and will leave the company later this year.
Former Schroders group chief investment officer and vice chairman of State Street Global Advisors Alan Brown will join the board and assume Horlicks responsibilities on July 5, 2005. Brown will be a member of Schroders Group Management Committee, reporting to Michael Dobson.
Dobson says: “We are delighted that Alan Brown is joining Schroders. He comes to us with a depth of experience in equities and fixed income and in the institutional marketplace in the UK and internationally.”