Investment solutions that Forteus will bring to the arrangement include customized portfolios of external managers, yield generation, actively managed thematic portfolios “and, over the long term, tokenization,” Schroders said.
Schroders Group CEO Peter Harrison predicted that blockchain will catalyze fundamental change within asset management, financial services and other industries. As well as improving efficiency, it “will drive the democratization of private assets,” he said in the release.
Forteus and Numeus Group are based in Zug, Switzerland. Its website describes Numeus as a crypto collective whose activities include research, venture capital, asset management and algorithmic trading.
Numeus Group CEO Nobel Gulati said in the release that having Schroders as a founding investor in Forteus will help them serve investors “who up until now have struggled to access robust investment opportunities in this fast-evolving asset class.”
As of December 31, Schroders had £731.6 billion ($986.9 billion) under management. A Schroders spokesman declined to comment on the details of the arrangement. A call to Numeus Group was not immediately returned.