Asset Management

Schroders takes stake in digital assets firm Forteus in step towards tokenised funds

London-listed Schroders has bought a minority stake in Forteus, a blockchain and digital assets focused asset manager

Tuesday 19 July 2022 at 11:00

Schroders is the latest asset manager to talk up the benefits of blockchain technology
Schroders is the latest asset manager to talk up the benefits of blockchain technology Photo: Alamy

Schroders has acquired a minority stake in a blockchain and digital assets focused asset manager in a move that could allow it to offer tokenised funds to investors.

The London-listed manager, which has some £732bn under management, made the investment in Forteus, the asset management arm of Swiss firm Numeus Group.