July 12, 2004

U.K. Charities Hire Schroders for Hedge Funds

LONDON (HedgeWorld.com)--Schroders Private Bank was hired as an adviser on U.K. charity multi-strategy mandates worth more than ?65 million (US$121 million), which include hedge funds as part of the mix.

Among the charities that hired Schroders are three London institutions: Coram Family, a child-focused charity; University College London Hospitals; and Moorfields Eye Hospital, according to a statement from Schroders.

Schroders manages more than ?1.7 billion for charities and ?5.9 billion overall.

PBarr@HedgeWorld.com

Contact Robert F. Keane with questions or comments at:

bkeane@ia-mag.com.

Reprints Discuss this story
This is where the comments go.