Schroders has entered the European active exchange traded fund market with the launch of two new ETFs.
The launch builds on Schroders’ existing ETF capabilities in the US and Australia.
The Schroder Global Equity Active UCITS ETF will increase the accessibility of Schroder’s $14 billion QEP Global Core strategy, the firm said.
It will be managed by Lukas Kamblevicius, co-head of Schroders’ Quantitative Equity Products investment team and will adopt the Schroder QEP Core strategy, which covers a broad global universe of around 15,000 stocks.
Meanwhile, the Schroder Global Investment Grade Corporate Bond Active UCITS ETF will enhance the availability of the existing $3 billion investment strategy, which was previously only available through segregated mandates.
Both will initially list on the Deutsche Borse, followed by further listings on the London Stock Exchange, Borsa Italiana and SIX Swiss Exchange.
Johanna Kyrklund, group chief investment officer at Schroders, said: “In today’s dynamic market environment, access to market-leading active management expertise is crucial.
“These launches will ensure our clients can benefit from the flexibility and accessibility of an ETF wrapper as well as the potential superior returns delivered by our active investing edge.”
Meagen Burnett, chief financial officer at Schroders, added: “This key milestone demonstrates our ability to harness the scale of Schroders’ investment and operating platforms to enhance the distribution access points for existing and new clients. This allows us to offer our active investment edge in a new wrapper.
“Our European active ETF launches will enable us to reach more investors and further reinforce our commitment to moving at pace and offering the variety of investment tools and differentiated returns our clients increasingly expect.”
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