Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

36984

Schroders strengthens Fiduciary Management business

RELATED TOPICS​

Schroders has strengthened its Fiduciary Management (FM) team, with the appointment of a specialist business development director to help meet clients’ outsourcing investment objectives.

David Thomas has joined from Goldman Sachs Asset Management (GSAM) as Fiduciary Management Business Development Director. He was most recently a VP in GSAM’s UK & Irish Institutional Client Business and Head of FM Sales for UK Institutional, having worked at the business for 14 years.

In this newly-created role, David will report into Claire Glennon, Schroders Co-Head of UK and Ireland Institutional.

Schroders has been focused on growing its FM offering, having announced earlier this year it had been appointed as Fiduciary Manager to the pension fund of Howard de Walden, the property management specialist responsible for a diverse range of property in the Marylebone area of London.

Schroders’ FM team aims to meet clients’ required long-term funding objectives. It is part of Schroders’ Solutions division which works closely with clients and their advisors to develop tailored investment solutions.

Claire Glennon, Co-Head of UK and Ireland Institutional, says: “David brings a considerable amount of institutional and FM experience to the role. He will help lead the business as we continue to focus on growth and meeting the complex investment needs of our clients. This appointment further reinforces our ongoing commitment to the FM space.”

Ross Pritchard, Head of Fiduciary Management and Liability Solutions, Schroders, says: “FM is a hugely significant business focus across the institutional asset management market. Indeed, at the heart of our proposition is the effective delivery of investors’ long-term funding objectives. David has developed invaluable institutional relationships and deep technical knowledge across all asset classes and is expertly positioned to support our intentions in this space.”

A recent survey by investment adviser, IC Select, in which Schroders participated, found that  the average size of a pension scheme taking on a fiduciary manager had increased by nearly 80 per cent during the first half of 2021.

Latest News

MSCI has launched MSCI AI Portfolio Insights, writing that it combines generative artificial intelligence “GenAI”..
The Capgemini Research Institute’s World Wealth Report 2024, published today, reveals the number of high-net-worth..
New research from cloud security firm Zscaler reports a disconnect between European company confidence in..

Related Articles

graph
The exodus from hedge funds continues with investors questioning unswayed by relatively strong performance from the alternative asset class...
The exodus from hedge funds continues with investors questioning unswayed by relatively strong performance from the alternative asset class...
Waves
A joint statement from BNP Paribas Asset Management, Federated Hermes Limited, Mirova, Robeco and Storebrand Asset Management has been published, entitled The urgent need for better ocean-related data to make informed investment decisions...
A joint statement from BNP Paribas Asset Management, Federated Hermes Limited, Mirova, Robeco and Storebrand Asset Management has been published,..
Frozen soap bubble
From the end of this month, the UK’s Sustainability Disclosure Requirements (SDR) regime comes into force which the Financial Conduct Authority says has a simple aim: “Financial products that are marketed as sustainable should do as they claim and have the evidence to back it up.”..
From the end of this month, the UK’s Sustainability Disclosure Requirements (SDR) regime comes into force which the Financial Conduct..
Global ESG Investing
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of climate change and ESG factors in state policymaking...
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by