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Schroders recruits Perpetual fund managers

Schroders has recruited three fund managers from Perpetual to strengthen its US equities team.

Ian Brady will become Schroders head of US equities. Philip Chappell and Grant Cowley will also join the team.

Former Legal & General joint head of North American securities Ian Cooke is also joining Schroders.

Perpetual was bought by Amvescap in October for £1.05bn. Schroders would not comment on whether the decision to leave Perpetual was linked to the takeover.

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