Schroders names Patrick Schwyzer client group head for Europe

Group 1 - Schroders has appointed Patrick Schwyzer as the new head of Client Group, Europe, bringing over 20 years of experience in private banking and asset management [1][2] - Schwyzer's responsibilities will include developing and implementing client strategy across European markets and expanding the company's presence among wealth, wholesale, and institutional clients [1][2] - He will start his new position on April 7, 2026, based in Zurich, and will report to Matt Oomen, Schroders' global head of Client Group [3] Group 2 - In recent results, Schroders' EMEA division generated over £700 million ($924.3 million) in net operating revenue for 2025 and managed £135.1 billion in assets [3] - The firm has expanded its product range in Europe, notably launching active ETFs that attracted over $1 billion in assets within four months [3] - Schroders is enhancing its senior leadership team with recent hires, including the head of ETFs and head of UK Institutional [4] Group 3 - Nuveen has agreed to acquire Schroders for approximately £9.9 billion, covering all issued and to-be-issued shares, with shareholders set to receive £5.90 per share in cash at completion [4]