Schroders AC prep

Schroders business history

1804 - Johann Schroders and brother founded Schroders, became one of London’s leading merchant banks

1870 - arranged a bond to help finance Japan’s first railway

1924 - established it’s first investment trust

1926 - created a dedicated investments department

1959 - listed on LSEG, 18 times oversubscribed during IPO

2000 - sold its investment banking division to Citigroup

2013 - Acquisition of Cazenove capital

2026 - Scchroders Aquired by Nuveen

what is Schroders business model

Business	What it does	Typical clients
Public Markets	Actively invests in equities, bonds and multi-asset portfolios	Pension funds, insurers, retail investors
Schroders Capital	Invests in private equity, private debt, infrastructure and real estate	Institutional and wealthy investors
Investment Solutions	Creates tailored investment strategies and manages complex portfolios	Pension schemes and institutions
Wealth Management	Manages private wealth and provides financial planning and investment advice	Wealthy individuals, families, charities

AUM x fee rate

active investing

investing to grow - more than a dozen transactions since 2016

embracing change and innovation -

a global network of partnerships - bank of communications in china 2005 going venture and Indias axis asset management 2012 partnership

Answering clients sustainability needs

purpose

creating prosperity together

cazenove capital clients

wealthy individuals and families, family offices, charities and foundations

financial advisors and their clients

how much does cazenove manage for charities

£16.6bn for over 1800 charities

what is the advantage to cazenove of being part of Schroders

1. global investment expertise, access to Schroders research

2. broader range of investment opportunities

3. access to wider infrastructure and resources

cazenove can combine the personal service of a private wealth manager with the resources of a global investment business

cazenove investment approach

robust framework - combine several key elements. research form in house team, Schroders group and external

Business cycle aproach - understand the economic cycle, active approach helps manage risk at each stage

Active portfolio management - central investment strategy is adapted to fit clients objectives and risk tolerance

why Schroders

sits with in Schroders, it is placed in a unique position where cazenove can combine the personal service of a private wealth manager with the resources of a global investment business, access to global investment research while still having an open architecture. The potential is also at a current turning point, with Schroders having recently been acquired by nuveen gives a combined $2.6 AUM. Nuveen has explicitly identified Cazenove Capital as an important part of the group's future wealth management strategy.

cazenonve is making a difference. I have done extensive volunteer work, through my school charities like white rose and children of Adam. Cazenove help 1800+ charities including RSPCA. And have made 4 different funds charities with just 10,000 can invest in making it highly accessible and highlighting the difference that is being made

cazenove investment approach

Robust framework - use research from in house, Schroders group and external

Business cycle approach - active approach to manage risk arising different parts of the economic cycle

Active portfolio management - tailor the rental investment strategy to each client

what are some client objectives

capital growth/appreciation - a 35 year old entrepreneur wants to grow 5 million over 20 years

income generation - a pensioner needs 80,000 annually

Philanthropy - a wealthy family wants to donate £200,000 times a selected cause

capacity for loss vs risk tolerance

capacity - financial ability to absorb risk

tolerance - willingness to take risk