LA retirement association axes Schroders

The $34bn (€26bn) Los Angeles County Employees Retirement Association has axed Schroder Investment Management from running a $300m Pacific Basin mandate.

The fund's website said the assets had been transferred to Barclays Global Investors Europe, Australasia, Far East (EAFE) index fund.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink