Schroders, the $359.2 billion global asset manager, has added four new mutual funds its investment lineup for the U.S. market.
Specifically, the funds are the Schroder Long-Duration Investment Grade Bond Fund (STWLX), the Schroder Broad Tax-Aware Value Bond Fund (STWTX), the Schroder Emerging Markets Multi-Sector Bond Fund (SMSNX) and the Schroder Emerging Markets Multi-Cap Equity Fund (SMENX). The Schroder Long-Duration Investment Grade Bond Fund and the Schroder Broad Tax-Aware Value Bond Fund are newly branded funds that were existing funds managed by STW Fixed Income Management, a fixed income asset manager acquired by Schroders on April 2.
“Schroders continues to focus on expanding its resources in fixed income, which is evident in the recent acquisition of STW,” stated Carter Sims, head of U.S. Intermediary Distribution. “The adoption of these two mutual funds allows us to broaden our fixed income investment options available to the advisor community.”
The addition of the four new funds brings the Schroder U.S. mutual funds family grows to 13.