Schroders has taken a strategic minority stake in blockchain and digital asset manager Forteus, in a move that could see the firm offer tokenised funds.
Forteus will offer investment solutions in the digital asset space such as customised portfolios of external managers, yield generation, actively managed thematic portfolios and, over the long term, tokenisation. Schroders said that once available, it will allow clients access to the firm's capabilities. Schroders has made several acquisitions in recent years, such as buying a 75% stake in Greencoat Capital, but this deal is the firm's first venture into blockchain. The firm said that it had made the investment "in order to support its ongoing education and research in this sector and...
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