Schroders is believed to be planning for senior staff changes, including the retirement of CEO Michael Dobson and a potential new role for global head of distribution Massimo Tosato, Investment Week understands.
As previously reported in The Times earlier this week, Dobson is believed to be set to announce his retirement from the chief executive role after 15 years on 3 March, when the company unveils its latest results.
Investment Week understands the chief executive wants to leave the business "on a high", handing over the reins to a successor.
Schroders sees £8bn inflows despite market volatility
The main name in the frame to take over is Peter Harrison, currently head of investments, who joined the group in 2013 from RWC Partners, where he was chief executive.
Harrison began his career at Schroders as an equity analyst in 1988, before taking on roles at Newton Investment Management, J.P. Morgan Asset Management and Deutsche Asset Management.
He was chief executive of RWC Partners from 2006, until leaving for Schroders in 2013.
Investment Week also understands Massimo Tosato, executive vice chairman and global head of distribution at the firm, is considering taking a step back from his role to focus on fintech developments at Schroders.
His responsibilities as global head of distribution would then be taken over by an internal candidate if this move takes place, according to sources.
A Schroders spokesperson said: "We do not comment on speculation and rumour."
Rival fund giant M&G also announced recently its chief executive Michael McLintock is to retire from his role, to be replaced later this year by Aberdeen Asset Management CIO Anne Richards.
