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Investment Solutions officially opened its
United Kingdom (UK) multi-manager arm in July 2003 with £100 million in
assets under management. This followed the acquisition of the Schroder
Pensions Group, which was renamed Investment Solutions Limited. |
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In the first three years, assets under
management have grown to over £900 million, with over 80 new clients looking
to realise the benefits of the unique Investment Solutions offering.
This clearly indicates the attractiveness of the company's multi-manager
approach in the UK. It now administers over £22 billion in assets on
behalf of third parties, including leading organisations such as Merrill
Lynch and British Telecom, making it one of the largest administrators in
the UK. |