Schroders Plc history, profile and history video

 Schroders Plc operates as a global asset management company. It provides asset management, wealth management, investment, private equity and venture capital services. It manages institutional and retail investors, financial institutions and high net worth clients from around the world, invested in a broad range of asset classes across equities, fixed income, multi-asset and alternatives. Schroders was founded in 1804 and is headquartered in London, the United Kingdom.

“Schroders History

2013 On 2 July 2013, Schroders completed the acquisition of Cazenove Capital Holdings, a leading independent wealth management and investment funds business with assets under management at 31 March 2013 of £19.1 billion.
2012 Schroders acquires 25 per cent. of the share capital of Axis Asset Management Company (Axis AMC), the Indian asset management business of Axis Bank Limited.
2011 Schroders establishes an office in Chile.
2010 Schroders acquires 49% of the share capital of RWC Partners Limited.Schroders agrees to sell its third party private equity administration services businesses, operated by Schroder Administrative Services (Bermuda) Limited and Schroder Administrative Services (C.I.) Limited to J.P. Morgan International Finance Limited.
2008 Schroders acquires Swiss Re Asset Management Funds (Switzerland) AG, the Swiss third party fund management business of Swiss Re.Schroders acquires the Singapore-based private client advisory unit of Commonwealth Bank of Australia.
2007 Schroders establishes an agreement with Fisch Asset Management, a European leader in convertible bonds investment strategies to distribute a number of convertible bond funds, sub advised by Fisch, throughout wholesale, wealth management and institutional channels.Schroders acquires Aareal Asset Management GmbH, a pan-European property asset manager based in Germany.Schroders expands its presence in the Middle East with the opening of an office in Dubai.
2006 Schroders completes the acquisition of NewFinance Capital, a London-based manager of funds of hedge funds.
2005 Schroders establishes a joint venture fund management company in China with Bank of Communications Co. Ltd.
2004 Schroders celebrates its 200th anniversary.
2001 Schroders acquires Beaumont, an absolute return asset management business focusing on high net worth individuals and professional investors.
2000 Schroders sells its investment banking business to Salomon Smith Barney. Asset management and related businesses now comprise the whole of Schroders plc’s business.
1994 Schroders acquires the remaining 50% of Wertheim, which it later renames Schroder and Co. Inc.
1986 Schroders acquires a 50% interest in Wertheim & Co. Inc., a leading New York investment bank and securities firm and Schrobanco is sold to the Industrial Bank of Japan.
1962 Schroders acquires Helbert, Wagg & Co., a stock broking firm founded in 1823, which specialised in issues for domestic clients and develops an important investment advisory side to its business.
1960s – 1970s Schroders acquires a presence in each of the major financial markets of the world. Subsidiary and associated companies are established to undertake investment banking and asset management activities in Hong Kong, Japan, Singapore, Australia, Brazil, Switzerland and other Continental European countries.
1959 Schroders becomes a quoted public company and is listed on the London Stock Exchange. Helmut Schroder is appointed as Chairman and remains until 1965.
1950s The name of J. Henry Schröder & Co. is anglicised and the partnership is converted into a private company – Schroders Ltd.
1940 Helmut Schroder becomes the firm’s senior partner. He also becomes Chairman of Schrobanco which continues to develop as an independently managed US banking firm.
1926 J. Henry Schröder & Co. develops the investment management activities of the firm and an investment department is created.
1923 One of the key consequences of the First World War was the emergence of New York as a financial centre to rival London. In 1923 the Schröder partners took advantage of this, establishing a firm in New York, the J Henry Schröder Banking Corporation or Schrobanco as it came to be known.
1910 On the death of John Henry Schröder, his nephew, Baron Bruno Schröder, becomes head of the London firm.
1900 – 1914 By the beginning of the 20th century, Schroders is one of the leading banking houses in London, issuing bonds for clients in North and South America, South Africa, Russia, China, Japan and Europe.
1895 Baron Bruno Schröder, becomes a partner and immediately revises how the business operates, considerably increasing profits. Along with his partner, Frank Tiarks, he goes on to lead the business for the first four decades of the twentieth century.
1870 Schroders introduces the Japanese government’s first foreign loan to the London market. This raises £1 million to finance the construction of the country’s first railway, between Tokyo and Yokohama. Upon repayment, Schroders is presented with a testimonial on silk by the Minister of Finance, thanking the firm for the ‘trouble’ that they had taken in connection with this loan.
1869 Schroders’ strong connections with Latin America lead to the firm being appointed as the British agent for the sale of Peruvian guano – an important fertiliser at the time. A specialist department is established to handle the guano business and for the next decade it makes a significant contribution to the firm’s profits.
1850s – 1860s J. Henry Schröder & Co takes a big step forward when it begins issuing bonds for overseas borrowers in the London market. The firm’s first bond is issued in 1853 to finance the Matanzas and Sabanilla Railway in Cuba.
1850 Schröder Stiftung, a charitable trust, is launched in Hamburg.
1818 J. Henry Schröder & Co. is established by Johann Heinrich Schröder.
1804 The history of Schroders as we know it today begins in 1804, when Johann Heinrich Schröder becomes a partner in J. F. Schröder & Co, the London-based firm founded by his brother, Johann Friedrich Schröder, in 1800. The company prospers, focusing on the finance of trade between America and Europe, particularly in the tobacco, cotton and sugar markets.”

*Information from Forbes.com and Schroders.com

**Video published on YouTube by “Schroders