The FTSE edged 0.4% higher to 5,574.98 points in early trading, recovering some of yesterday's 2.1% loss.
Schroders is planning to create a multi-manager product based on its popular Income Maximiser range, which would offer investors a 7% yield and monthly income distribution.
Schroders has unveiled its third yield enhancing Income Maximiser unit trust, which is based upon the group's Global Property Securities fund.
Schroders chief economist Keith Wade has labelled the Federal Reserve's $600bn QE2 programme as an "aggressive act" to devalue the dollar.
Neil Bridge, Schroders' head of UK retail sales, is leaving the firm at the end of December after more than 21 years.
Managers are expecting the Chinese government to continue to raise interest rates and begin to normalise monetary policy as the country looks to control rising inflationary pressures.
Peripheral European nations Ireland and Portugal could be forced to head to Continent's bailout mechanism after their respective bond yields soared to the highest levels since the creation of the euro.