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Schroders appointed by Cirencester Friendly to run £75m portfolio
Written by Adam Cadle
30/10/2024
Schroders has been selected to manage Cirencester Friendly’s £75m investment portfolio.
The award of this insurance mandate, which encompasses Schroders’ multi-asset and insurance capabilities, builds on the investment manager’s appointment in September by Metfriendly, to manage a £270m investment portfolio.
David White, global head of insurance, client group, Schroders, said: “The financial mutual sector is a real strategic growth area for us and today’s news is testament to the huge amount of collaboration undertaken across our teams to deliver a relevant solution for Cirencester.
“We are grateful for the trust placed in us and are committed to helping Cirencester meet its investment objectives, as well as more broadly, working in partnership with the UK’s thriving mutual sector to reinforce our position as the go-to manager in this important segment of insurance.”
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