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Q&A: Karl Dasher on a 'meaningful' step for Schroders in the US

Schroders, the UK's largest listed fund manager, announced a tie-up with Philadelphia-based wealth manager Hartford Funds on June 1. The deal will mean Schroders' US mutual funds being sold through Hartford's sales network – a potentially step-changing boost to the UK firm's US business, according to its North America chief executive, Karl Dasher.

Karl Dasher says Hartford deal will help Schroders achieve scale in US
Karl Dasher says Hartford deal will help Schroders achieve scale in US Photo: schroders

Schroders, the UK's largest listed fund manager, announced a tie-up with Philadelphia-based wealth manager Hartford Funds on June 1. The deal will mean Schroders' US mutual funds being sold through Hartford's sales network – a potentially step-changing boost to the UK firm's US business, according to its North America chief executive, Karl Dasher.

Financial News asked Dasher to run through the new arrangement in detail - how it came about, what it will mean for Schroders' existing US staff, and the prospects for future developments.

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