Schroders announced that it is collaborating with Standard & Poor's and is set to launch a new fund of funds service globally for financial institutions under a multi-year initiative.

S&P will conduct research and analysis and will recommend funds for selection. Schroders will provide asset allocation, portfolio construction, risk management and performance measurement. Schroders' international wholesale network will also provide marketing and sales service, which will be available globally, excluding North America.

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