Schroders to challenge Jupiter in multi-manager space

Following the acquisition of Cazenove, Schroders plans to combine the successful Cazenove funds to its own multi-asset range, led by Johanna Kyrklund. Harrison said Schroders will leverage off its intermediary distribution network to push Brookes’ funds out to a wider audience. “Marcus Brookes is a prize and has a great business which will work really well with our distribution channels in the IFA world, which he has been lacking historically,” he said. “His business has grown really well despite not having the distribution, and if you look at the assets Jupiter has been taking on,...