Schroders

Group Chief Executive Richard Oldfield oversees the entire firm, but investment decisions in private markets sit under Schroders Capital, led by Global Head Georg Wunderlin. Public-markets allocation is distributed across equity, fixed-income, and multi-asset CIOs, with the Global Investment Committee providing macro-level governance.

Private assets operate through Schroders Capital, a dedicated division managing over £90 billion across real estate, infrastructure, private equity, private debt, and impact strategies. The unit was built in part through acquisitions — most notably Greencoat Capital for renewables and BlueOrchard for impact investing — and runs both closed-end funds and semi-liquid ELTIF / LTAF structures.

Schroders Capital acts primarily as a direct and co-investment manager, originating its own infrastructure, real estate, and private-equity deals. It also allocates to external managers through fund commitments in more specialist strategies, but the firm's brand preference is for proprietary origination that feeds its client-facing semi-liquid vehicles.

Schroders is a strategic partner to Phoenix Group, the UK's largest long-term savings and retirement consolidator. The firm manages a significant book of Phoenix's assets and holds a board seat, making the partnership both a source of sticky AUM and a distribution channel into UK retail retirement flows.

Yes, the Schroder Foundation operates as a separate charitable entity, funding education, health, and community development programs. It focuses on the UK, Asia, and Africa, but governance is independent of the listed asset manager.

Schroders Capital selectively offers co-investment sleeves alongside its direct funds, particularly in infrastructure and private equity. External GP co-investments are less prominent than proprietary platform deals, but the semi-liquid fund structures are explicitly designed to give wealth clients access to asset classes historically reserved for direct institutional investors.

Its embedded OCIO capability — acquired through River and Mercantile and Benchmark Capital — gives it a fiduciary seat at the table with UK pension schemes that legacy houses like abrdn or M&G lack. Combined with proprietary private-assets origination, this creates a closed-loop manufacturing-and-distribution model that feeds both institutional and retail channels.