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Schroders could raise £3.2bn from ‘radical’ asset management sale

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Schroders should consider a “radical” approach and offload its asset management operations to allow it to become one of the UK’s major wealth firms, according to analysts at Deutsche Numis. The FTSE 100-listed group, which last month welcomed Richard Oldfield as its new chief executive, could raise £3.2bn or more…

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