St. James’s Place Selects Schroders for £5.2 Billion Sustainable Investment Mandate

St. James’s Place Selects Schroders for £5.2 Billion Sustainable Investment Mandate

(IN BRIEF) Schroders has been awarded a £5.2 billion sustainable investment mandate from UK wealth manager St. James’s Place (SJP). The allocation will be invested in Schroders’ Global Sustainable Value Equity and Global Sustainable Growth strategies, blending value and growth investment styles to provide diversified exposure to various opportunities. The funds will transition in Q1 2025. As part of this initiative, Schroders will adopt the Financial Conduct Authority’s Sustainability Focus label for several of its funds, making it easier for clients to identify sustainable investment products. This partnership highlights Schroders’ commitment to delivering sustainable outcomes and reinforces the quality of its active investment approach.

(PRESS RELEASE) LONDON, 14-Jan-2025 — /EuropaWire/ — Schroders has announced the receipt of a sustainable investment mandate valued at £5.2 billion from UK wealth manager St. James’s Place (SJP). This mandate recognizes Schroders’ strength in delivering active, sustainable investment solutions that meet the needs of clients. The funds will be allocated to SJP’s Sustainable & Responsible Equity (SRE) fund, which will invest in Schroders’ Global Sustainable Value Equity and Global Sustainable Growth strategies, blending value and growth investment styles to offer a diversified exposure to a wide range of companies and opportunities.

The transition of the allocation is expected to take place in Q1 2025. As part of this initiative, SRE, alongside the Schroder Global Sustainable Value Equity Fund and the Schroder Global Sustainable Growth Fund, will adopt the Financial Conduct Authority’s (FCA) ‘Sustainability Focus’ label, in line with the Sustainability Disclosure Requirements (SDR). These labels aim to help clients identify products that meet their sustainability criteria, making it easier to find investment opportunities focused on sustainable outcomes.

Richard Oldfield, Group Chief Executive at Schroders, commented, “Our partnership with SJP highlights the strength of our active investment approach, now further strengthened by the alignment with the FCA’s new sustainability criteria. We appreciate the confidence SJP has shown in us and are excited to work together to achieve their investment goals.”

Alex Tedder, Co-Head of Equities at Schroders, added, “This allocation from SJP underscores the quality of our active investment process and our commitment to sustainable outcomes. As investors increasingly seek tailored solutions that deliver strong, risk-adjusted returns while staying true to sustainability, our broad capability and commitment to active management position us well to meet these evolving demands.”

The announcement comes on the heels of Schroders’ December commitment to adopt the SDR labels for at least 10 of its funds, further cementing the firm’s focus on sustainability.

Note to Editors

To view the latest press releases from Schroders visit: https://www.schroders.com/en/global/individual/media-centre/

Schroders plc

Schroders is a global investment manager which provides active asset management, wealth management and investment solutions, with £773.7 billion (€912.6 billion; $978.1 billion) of assets under management at 30 June 2024. As a UK listed FTSE100 company, Schroders has a market capitalisation of circa £6 billion and over 6,000 employees across 38 locations. Established in 1804, Schroders remains true to its roots as a family-founded business. The Schroder family continues to be a significant shareholder, holding approximately 44% of the issued share capital.

Schroders’ success can be attributed to its diversified business model, spanning different asset classes, client types and geographies. The company offers innovative products and solutions through four core business divisions: Public Markets, Solutions, Wealth Management, and Schroders Capital, which focuses on private markets, including private equity, renewable infrastructure investing, private debt & credit alternatives, and real estate.

Schroders aims to provide excellent investment performance to clients through active management. This means directing capital towards resilient businesses with sustainable business models, consistently with the investment goals of its clients. Schroders serves a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms.

Issued by Schroder Investment Management Limited. Registration No 1893220 England. Authorised and regulated by the Financial Conduct Authority.  For regular updates by e-mail please register online at www.schroders.com for our alerting service.

Media Contacts:

Andy Pearce
Head of Media Relations
+44 20 7658 2203
Andy.Pearce@Schroders.com

Charlotte Banks
Media Relations Lead, Public Markets
+44 20 7658 9063
Charlotte.Banks@Schroders.com

SOURCE: Schroders