Schroders has launched its first two European active exchange-traded funds (ETFs).
These two funds invest in global equities and investment-grade corporate bonds.
The British multinational asset management company said this announcement builds on its existing ETF capabilities in the US and Australia.
Schroders launched its first active ETFs in Australia in 2016.
The Schroder Global Equity Active UCITS ETF will increase the accessibility of Schroders’ $24bn QEP Global Core strategy.
The Schroder Global Investment Grade Corporate Bond Active UCITS ETF, meanwhile, will enhance the availability of the existing $3bn investment strategy.
The Schroder Global Equity Active UCITS ETF will list on Deutsche Boerse on 26 September with the Schroder Global Investment Grade Corporate Bond Active UCITS ETF following soon after.
Further listings on the London Stock Exchange, SIX Swiss Exchange and Borsa Italiana will follow.
The equity active UCITS ETF will be managed by Lukas Kamblevicius, co-head of Schroders’ quantitative equity products (QEP) investment team.
Schroders Group chief investment officer Johanna Kyrklund said: “Schroders is bringing more than 220 years of active investment expertise into European active ETFs for the first time.
“We are building on the decade of experience we already have offering active ETFs by bringing two of our world-class equities and fixed income strategies to a broader audience, through European domiciled ETF wrappers.
“In today’s dynamic market environment, access to market-leading active management expertise is crucial.
“These launches will ensure our clients can benefit from the flexibility and accessibility of an ETF wrapper, as well as the potential superior returns delivered by our active investing edge.”
Schroders chief financial officer Meagen Burnett added: “This key milestone demonstrates our ability to harness the scale of Schroders’ investment and operating platforms to enhance the distribution access points for existing and new clients. This allows us to offer our active investment edge in a new wrapper.
“Our European active ETF launches will enable us to reach more investors and further reinforce our commitment to moving at pace and offering the variety of investment tools and differentiated returns our clients increasingly expect.”
