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Schroder Private Banking appoints Rothschild strategist CIO

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Schroder Private Banking appoints Rothschild strategist CIO

Schroder Private Banking is seeking to boost its investment team with the hire of Rothschild's strategist Kieron Launder as chief investment officer.

Launder, who was Rothschild Private Management's chief investment strategist and head of strategic advisory solutions, is set to join Schroders in September. He will form part of the management committee and report to Private Banking head Rupert Robinson (pictured).

In his new role, Launder will work closely with Nico Marais, head of multi-asset solutions, and has been tasked with examining whether the private bank's private client and charity offering leverages the group’s expertise in multi-asset investing and portfolio solutions.

The hire follows news that Schroders is planning to launch a dedicated advisory arm on the back of client demand for greater involvement in investment decisions.

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