Schroders/Lloyds onboarding complete in 'UK's largest asset transfer'
Migration of more than 320 portfolios
Schroder's Peter Harrison
Schroders has completed the onboarding of £75bn of insurance and wealth-related assets from Scottish Widows and Lloyds, 18 months after it first announced the launch of its joint venture with Lloyds Bank – Schroders Personal Wealth.
The assets - which comprise more than 320 portfolios including Active Equity, Fixed Income and Multi Manager - were moved across in seven instalments between September 2019 and March 2020. Peter Harrison,...
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