Schroders Takes Minority Stake in Forteus Invesment management giant Schroders is investing in Forteus, an asset manager with a focus on blockchain technology and digital assets. Schroders officials say that they will develop next-generation investment solutions via the new arrangement. Forteus is the asset management arm of the Numeus Group, a diversified digital asset… Read More >>
Schroders Takes Majority Stake in Impact Investor
Schroders Invests in BlueOrchard Global asset manager Schroders and BlueOrchard Finance Ltd. have announced that they have entered into an agreement “under which Schroders will acquire a majority stake in leading impact investor BlueOrchard,” officials say. Based in Zurich, Switzerland, BlueOrchard, which is engaged in microfinance and impact investing, was founded in 2001, officials say…. Read More >>
CalSTRS Advances Its ESG Agenda
The push for integrating environmental, social and governance (ESG) analysis into investment decision-making got a quiet boost last month amid other louder news events. Regarded as the second-largest pension fund in the U.S., the California State Teachers’ Retirement System (CalSTRS) has announced that it selected three sustainability-focused global equity investment managers to collectively manage $750… Read More >>
Schroders & Lloyds Form Partnership for Mandate & JV
A major British fund manager, Schroders, and a banking giant, Lloyds Banking Group, have agreed to a complex strategic partnership that among other initiatives will yield a financial planning joint venture (JV) intended to jolt the wealth management space for the U.K. “The strategic partnership will combine Schroders’ investment and wealth management expertise and technology… Read More >>
Thomson Reuters & NRI Expand Reach of BETA Platform
BETA Platform Gets Automated Settlement & STP via Partnership Market data, news and systems provider Thomson Reuters has added international post-trade processing for multi-market and multi-currency securities to its North American wealth management brokerage processing platform, BETA, via the I-STAR/GX platform from Nomura Research Institute (NRI), a system solutions vendor and consultancy. The BETA expansion… Read More >>
FlexTrade Adds Kensho AI & Analytics to EMS
FlexTrade & Kensho Technologies Collaborate Execution systems vendor FlexTrade is integrating pre-trade analytics support via Kensho Technologies into the FlexTRADER EMS (execution management system) to offer “a detailed, real-time event feed to assist a trader’s decision-making process when executing a trade,” officials say. “This integration with Kensho brings a unique level of ‘market context’ to… Read More >>
Schroders Hires from UBS Wealth Management
Schroders Creates Head of Global Sales Position Global asset manager Schroders has appointed Daniel Imhof head of global sales, a newly created position. This new post “reflects the increasing complexity of clients’ needs and their requirement for specialist knowledge,” Schroders says in a statement. Imhof, who will be based in London, will report to John… Read More >>
Macron Victory Could Yield a Chastened E.U.
Europe breathed a sigh of relief earlier this week when Emmanuel Macron won the French Presidential election, beating the far right candidate Marine Le Pen by a comfortable majority of 66 percent to 34 percent. Now the hard work begins as the country is still under a state of emergency, struggling with a stagnant economy,… Read More >>
Schroders Appoints U.K. Business Head
Schroders Moves Business Head for Japan Into New Role Schroders, an asset management company that traces its history back 200 years, reports the appointment of Guy Henriques as country head for the U.K. business, reporting to John Troiano, global head of ddistribution. Henriques, who joined Schroders in 2006, is returning from Japan, where he has… Read More >>
Convergex Names Ops and Strategic Planning Head
Convergex Names Ops and Strategic Planning Head New York-based Convergex, an agency-focused brokerage and trading-related services provider, reports that Jason Emerson has been named managing director and head of operations and strategic planning. In this new position, he will be “responsible for overseeing the firm’s global operational initiatives,” according to a statement, which notes also… Read More >>
