The new funds will be available in both institutional and retail share classes, according to a company press release. Retail distribution is available through registered investment advisers. This brings the number of Schroder US retail funds to eight.
Both of the funds will be managed by Schroders’ New
York-based team, headed by Steven Lear, who has been with
the firm since 1998. Lear will be joined by seven managers
and nine analysts. Both funds will be actively managed with
an investment process that combines top-down and bottom-up
Schroder Investment Management North America Inc . is a wholly owned subsidiary of Schroders, an independent, global investment manager with client assets under management in excess of $181 billion worldwide as of June 30, 2004.