Schroders launches new Solutions arm following River & Mercantile acquisition

James Barham to become chair

Schroders has completed the acquisition of River & Mercantile Group’s UK solutions divisions (RMSD), three months since announcing its intention to acquire the business.

The acquisition is part of Schroders' strategy to provide clients with solutions for their pension needs. Schroders Solutions will aim to be the "provider of choice" for fiduciary management schemes and derivatives by offering an end-to-end solution through to buy-out with a specific focus on sustainability, climate integration and reporting. According to the firm, "the merged business has the commitment, reach and resource to help defined benefit and defined contribution schemes both large and small, to address the challenges of delivering value and sustainable outcomes to all its me...