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Threadneedle to stay with Zurich in Deutsche Bank deal

Threadneedle Investments will stay part of Zurich Financial Services following Deutsche Bank&#39s agreement to take over of Zurich Scudder Investment.

Threadneedle has been excluded from the deal because of its close ties with Zurich&#39s insurance and distribution business in the UK, according to sources at Threadneedle.

Threadneedle chief executive officer Simon Davies says: “The new structure ensures that the Threadneedle business will continue to grow within the asset management marketplace.”

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