Schroders’ share price also break the peak

The suave 58-year-old, who has just reported a record pound(s)181.5bn in AUM and watched Schroders’ share price also break the peak reached before the dotcom era, is reaping the benefits of going against the grain, deciding not to cut costs as well as not making rash acquisitions. When Mr [Michael Dobson] took over as Schroders chief, the group was a lossmaker and stock markets were wilting after the Twin Towers attacks. – Financial times

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