Marc Mayer joins Schroders as Head of Institutional - North America
NEW YORK, May 7, 2014 /PRNewswire/ -- Schroder Investment Management North America Inc. has announced today that Marc Mayer has been hired to lead its institutional business initiatives. Marc brings more than 25 years of senior investment leadership experience. Most recently, Marc served as CEO of GMO LLC. Prior to that, Marc spent 20 years at Alliance Bernstein where he served in various leadership roles including, Head of Institutional Research, Head of Institutional Brokerage, Global Head of Institutions, Global Head of Retail and CIO of Multi-Asset.
Schroders has experienced significant growth in its institutional business during the past five years, with AUM rising from $16 billion in 2009 to $39 billion in March 2014.
Karl Dasher, Schroders CEO of North America comments: "We are privileged to find someone of Marc's caliber to lead the next leg of growth of our institutional business in North America. Our strategy is to expand our business in core asset classes such as Global Equities, Multi-Asset and Multi-Sector Fixed Income. Marc's experience in offering both alpha and solutions capabilities underscores our commitment to becoming a strategic investment partner to North American institutions across all segments."
About Schroder Investment Management North America Inc.
Schroder Investment Management North America Inc. is a unit of Schroders plc (SDR.L), a global asset management company with approximately $446.8 billion under management as of March 31, 2014. Schroders clients include major financial institutions including banks and insurance companies, as well as local and public authorities, public and private pension funds, endowments and foundations, intermediaries and advisors, as well as high net worth individuals and retail investors. The firm has built one of the largest networks of offices of any dedicated asset management company with more than 400 portfolio managers and analysts covering the world's investment markets, offering a comprehensive range of products and services.
Schroder Investment Management North America Inc. is an investment advisor registered with the U.S. SEC. It provides asset management products and services to clients in the U.S. and Canada including Schroder Capital Funds (Delaware), Schroder Series Trust and Schroder Global Series Trust, investment companies registered with the SEC (the "Schroder Funds").
Shares of the Schroder Funds are distributed by Schroder Fund Advisors LLC, a member FINRA. Schroder Investment Management North America Inc. and Schroder Fund Advisors LLC are indirect, wholly-owned subsidiaries of Schroders plc, a UK public company with shares listed on the London Stock Exchange.
For additional information about Schroders, go to www.schroders.com/us.
For further information, please contact:
Allyce Hackmann of JCPR at 973-850-7327 or [email protected]
Jennifer Brogadir of Schroders at 212-641-3863 or [email protected]
SOURCE Schroders
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