Schroders eyes sale of its own bond for £250m

Tier 2 capital

Cristian Angeloni
clock • 1 min read

Schroders is looking to issue its own bond, having held meetings with investors over a potential sale estimated to be around £250m.

If the move, first reported by Bloomberg News, was to go ahead, the product would be the asset manager's first bond and would count as tier 2 capital, which is considered as supplementary capital used to meet regulatory requirements. Tier 2 capital is typically used by banks and insurers to ensure financial stability. Outgoing Schroders UK wealth head Doug Abbott: Retail LTAF will offer alternative route to private markets A Schroders spokesperson said: "We are always looking at the best way to manage and optimise our capital structure." The spokesperson added the asset manager ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week