Scudder Investments and Threadneedle Asset Management Group completed...

Scudder Investments and Threadneedle Asset Management Group completed their integration today with the launch of Scudder Threadneedle Investments Ltd. The combined group has assets under management of £45 billion ($72 billion), £37 billion of which is managed for institutional clients, said Simon Davies, CEO and chief investment officer. The group is still interviewing for a head of institutional business but hopes to hire someone by the end of the year, Mr. Davies added. Reporting directly to Mr. Davies are Sarah Arkle, head of equities and managed funds; Robert Stirling, director of global fixed income; and David Sachon, head of the retail business.