Schroders : Cazenove Capital appoints Mary-Anne Daly Chief Executive in the UK

Following recent regulatory approval, Cazenove Capital appoints Mary-Anne Daly Chief Executive in the UK. Mary-Anne succeeds Andrew Ross who became Global Head of Wealth Management for Schroders earlier this year.

Andrew Ross, Global Head of Wealth Management said:

'Mary-Anne and I joined Cazenove Capital in 2001 when assets under management were £10bn, and today they are just over £40bn* globally. During this time we have seen significant change, in particular the coming together of Schroders and Cazenove Capital's wealth businesses and the successful integration of C.Hoare & Co.'s wealth management team. I am confident that our UK business will continue to thrive under Mary-Anne's leadership'.

Mary-Anne Daly, newly appointed Chief Executive said:

'It is a privilege to have been part of Cazenove Capital's success to date and to be entrusted to lead the UK business going forward. The depth of talent and the strength of culture that we have in the organisation is something which I am very proud of. We have a truly unique business and I am delighted to take the company through to its next stage of development. Our clients have always been at the centre of everything we do, and as we continue to grow this will be critical to our ongoing success.'

Note to Editors

About Wealth Management

As a long-established wealth manager with an absolute focus on preserving and growing our clients' wealth, what matters most to our clients, matters most to us.

Private individuals, family offices, trusts, institutions and charities all rely on us to provide them with bespoke wealth management services. Skilled in investment management, wealth planning and banking services - we also offer discretionary fund management to external advisers and their clients, and we are the leading charity fund manager in the UK.

For two centuries we have helped clients look forward to a successful future. With each client, we plan for the long term and invest the time to gain a detailed understanding of their unique circumstances, goals and ambitions. The majority of our clients, and many of our own people, work with us for years, decades and even generations. This creates relationships of unusual depth.

Our experience of navigating complex markets and adapting to change helps us balance risk and reward. The investment expertise we call upon as part of Schroders, a truly global asset manager, combined with our long-standing experience of advising clients, is what sets us apart.

*At 31 March 2017. Assets under management £43.2bn.

Wealth Management office locations

Cazenove Capital: UK, Channel Islands, Gibraltar, Singapore and Hong Kong. Schroders Wealth Management: Italy, Germany, Spain and Switzerland.

Further information about Cazenove Capital can be found at www.cazenovecapital.com.

Cazenove Capital is part of the Schroders Group. Issued by Cazenove Capital which is a trading name of Schroder & Co. Limited. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.