Schroders appoints co-heads of UK intermediary to replace US-bound Middleton

Gold, who is currently head of intermediary business development in London, and Abbott, who is Schroders' country head in South Africa, will take over the reins of the UK intermediary business at the end of Q1 2020. The move represents a return to a co-head strategy for the business. Middleton, who will become head of institutional distribution, North America, will spearhead Schroders' enhanced focus on what it called a "strategically important region". Schroders' head of UK distribution and Latin America James Rainbow told PA's sister title Investment Week the pair had "done an...