Schroders: A Legacy of Investment Management Excellence

CEO Khai Intela
Schroders plc is a British multinational asset management company headquartered in London, England. With a rich history dating back to 1804, Schroders has established itself as a global leader in investment management. Employing over 6,000...

Schroders Schroders plc is a British multinational asset management company headquartered in London, England.

With a rich history dating back to 1804, Schroders has established itself as a global leader in investment management. Employing over 6,000 professionals across 38 locations worldwide, the company has built a reputation for expertise, trustworthiness, and exceptional client service. As a publicly-traded company listed on the London Stock Exchange and a member of the prestigious FTSE 100 Index, Schroders continues to deliver outstanding results for its clients and shareholders.

A Journey through Time: Unveiling Schroders' History

Arms of the family The historic arms of the Schröder family, a symbol of Schroders' legacy.

The story of Schroders begins in 1804, when Johann Heinrich Schröder joined his brother's London-based firm, J.F. Schröder & Co. Over the years, the company expanded its operations and became a prominent player in the financial industry. One notable event in Schroders' history was the issuance of bonds for the Confederacy during the American Civil War.

Throughout its journey, Schroders experienced significant milestones, including the establishment of J. Henry Schroder Banking Corporation in New York in 1923. The company's growth continued with the public offering of shares on the London Stock Exchange in 1959 and the acquisition of Helbert, Wagg & Co in 1962.

In a strategic move, Schroders sold its commercial banking arm in New York, Schrobanco, in 1986 and acquired a 50% stake in Wertheim & Co., a prominent New York-based investment bank. The company played a key role in the UK Government's privatization efforts in the 1980s and later sold its investment banking division to Citigroup for an impressive £1.3 billion.

In recent years, Schroders has expanded its capabilities through strategic acquisitions. In 2013, the company acquired the capital management arm of Cazenove, followed by the purchase of the London-based Sandaire Investment Office in 2020. Aiming for growth in the Asia-Pacific region, Schroders appointed Chris Durack and Karine Szenberg as co-heads of its client groups in 2023.

A Global Force in Investment Management

Schroders Office Schroders' global presence spans Europe, America, Asia, Africa, and the Middle East.

Schroders' operations extend far beyond its London headquarters. The company has established a strong presence in key financial centers worldwide, including Europe, America, Asia, Africa, and the Middle East. With assets under management worth a staggering £726.1 billion, Schroders serves a diverse range of clients, including corporations, insurance companies, pension funds, and high-net-worth individuals.

As a testament to its commitment to social responsibility and gender equality, Schroders became a signatory of the United Nations' Women Empowerment Principles initiative. This initiative, founded by the United Nations Global Compact and UN Women, aims to support and promote gender equality in the workplace.

Collaborating for Innovation: Schroders and Imperial College London

Imperial College London Schroders collaborates with Imperial College London for innovative financial solutions.

Recognizing the importance of research and innovation in the financial industry, Schroders has partnered with Imperial College London. Through a collaboration with the newly created Imperial College Financial Signal Processing Laboratory, Schroders' Multi-Asset Investments and Portfolio Solutions (MAPS) team aims to develop cutting-edge solutions for the ever-evolving investment landscape.

Notable Figures: Shaping the World of Business and Beyond

Business

  • Geoffrey Bell: Chairman of Guinness Mahon (1987-1993) and founder of the Group of Thirty.
  • Winfried Bischoff: Chairman of Lloyds Banking Group (2009-2014).
  • Andrew Knight: Editor of The Economist (1974-1986).

Politics and Public Service

  • David Ogilvy, 13th Earl of Airlie: Lord Chamberlain (1984-1997).
  • Sir Gordon Richardson: Governor of the Bank of England (1973-1983).
  • James Wolfensohn: President of the World Bank (1995-2005).
  • Sir John Henry Bremridge KBE, JP, MA: Financial Secretary of Hong Kong (1981-1986) and non-executive director of Schroders plc.

Other

  • Avery Rockefeller: Member of the Rockefeller family.
  • Frank Cyril Tiarks: Director of the Bank of England (1912-1945) and High Sheriff of Kent (1927).

Conclusion

Schroders' remarkable journey from its humble beginnings to its current standing as a global leader in investment management is a testament to its dedication to excellence. With a commitment to expertise, trustworthiness, and exceptional client service, Schroders continues to shape the financial industry and deliver outstanding results for its clients and shareholders.

References:

  • Roberts, Richard (1992). Schroders, Merchants & Bankers. Basingstoke, UK: Macmillan Press. ISBN 0-333-44511-2.

For more information, visit the official website.

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