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Schroders Deepens Its Institutional Footprint In North America

Eliane Chavagnon

10 November 2015

Schroders has brought in five senior distribution professionals for its US institutional business as the firm continues to expand its North American presence.

Allan Duckett has joined as an institutional director, responsible for leading client engagement and business development in the west. Duckett previously worked at MFS as a director of West Coast institutional sales. Prior to that, he was a client relationship manager at AllianceBernstein.
 
Michael Patti also joins Schroders as an institutional director to work with middle-market institutions in the east and mid-west regions in addition to high-end intermediaries. He most recently served as a senior vice president of investment sales within BNY Mellon's wealth advisor group. Patti has also worked as a vice president of investment services in Fidelity Investments’ RIA group.  
 
Robert Soraparu, meanwhile, joins as a consultant relations director and will lead relationships with investment consultants in the mid-west. He most recently served as a senior vice president of global consultant relations at Nuveen Investments. Previously, Soraparu worked at Northern Trust Global Investments, covering consultants in the mid-west.  
 
Andrew Terry has joined as an institutional director to lead the institutional insurance business. Terry previously worked at AllianceBernstein as a new business development/relationship manager of insurance services in the institutional client group.  Earlier he worked at BlackRock as a relationship manager in the financial institutions group and earlier was an insurance equity analyst at Macquarie/Fox-Pitt Kelton.  
 
Lastly, Edward Wilkinson has been appointed as an institutional director to manage Schroders’ Taft-Hartley sales effort. He was most recently global head of client portfolio management for Goldman Sachs Asset Management’s $100 billion fundamental equity group. Prior to his role in product management at GSAM, Wilkinson spent 15 years leading Taft-Hartley teams at Invesco and Goldman Sachs.