Schroders Targets Pensions With ‘Pure’ Alternatives Fund

Jan 16 2008 | 3:13pm ET

Schroders has added a Diversified Completion Fund to its stable of multi-asset strategies. The fund, which provides access to a range of alternative asset classes, is currently marketed to a broad range of pension fund clients and is designed to “sit alongside a traditional equity portfolio.”

The new product will contain a range of alternative asset classes, including hedge funds, private equity funds, commodities, global property, infrastructure, high-yield and emerging-market debt, according to Johanna Kyrklund, head of the U.K. multi-asset team. The fund will invest in the firm’s internal as well as external funds.

“This new fund strategy has evolved from our well established Schroder Diversified Growth Fund, a fund which currently has over 55% invested in alternative assets and over £1 billion (US$1.96 billion) funds under management,” said Kyrkland. “As a pure alternatives fund, the Diversified Completion Fund, will offer a broader range of alternatives in its portfolio.”

The Schroder Diversified Completion Fund is targeting a return of LIBOR plus 2% to 4% annually over rolling five-year periods, net of fees.

Schroders is a global asset management company with £137.7 billion ($280.5 billion) under management as of the end of September 2007.


In Depth

Q&A: Star Mountain's Brett Hickey On Investing In 'The Growth Engine Of America'

Sep 22 2017 | 5:06pm ET

Lower middle-market companies form the economic fabric of the nation, but they can...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

 

From the current issue of

With NFL season on the horizon, it’s time to take a look at our Fantasy Football value picks. Last year, we nailed it on Drew Brees, Jordan Howard, Frank Gore and Dwayne Allen. We missed pretty badly on Duke Johnson, Demaryius Thomas, Mohammed Sanu and Eli Manning.