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Schroders brings in new hire from French manager

The head of multi-manager funds at Crédit Agricole Asset Management's alternatives arm has left to become the new chief executive of Schroders' hedge funds arm, capping a year of change for the company.

Marc Romano has been appointed to NewFinance Capital, representing new blood at the firm, which has been led since its foundation in 2002 by partners Marc Hotimsky and Georges Saier, previously senior bankers at Credit Suisse and JP Morgan respectively.

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