Schroders Personal Wealth is looking to launch its own funds this year to use on an exclusive basis with its clients.
Financial planning business Schroders Personal Wealth went live on 1 June and is a strategic partnership between Schroders and Lloyds Banking Group, combining Schroders' investment and wealth management expertise and technology capabilities with Lloyds' client base, multi-channel distribution and digital capabilities. Chief executive of Schroders Personal Wealth James Rainbow said the firm is looking to transfer a range of multi-asset manager of manager funds currently run by Lloyds subsidiary Scottish Widows to Schroders Personal Wealth "late in the year", subject to regulatory appro...
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