NEW YORK--(BUSINESS WIRE)--Schroders is today announcing the promotion of Andy Howard, to the position of Global Head of Sustainable Investment, taking on the leadership of the Sustainable Investment team. As well as retaining his existing responsibilities in sustainability research, Andy will now oversee the team’s stewardship activities and further drive active ownership across our group. Andy will report to Charles Prideaux, Global Head of Investment.
Andy Howard, joined Schroders in 2016 as Head of Sustainable Research and has been instrumental in the development of our proprietary ESG toolkit which contains our market-leading impact measurement tool ‘SustainEx’.
After more than 20 years, Jessica Ground, Global Head of Stewardship, is leaving Schroders to take the next step in her career. She joined the firm as a graduate in 1997 and held a number of roles within the investment division during this time. She has played an important role in the evolution of Schroders’ approach to stewardship and our sustainability credentials. She leaves with our thanks and best wishes for the future.
Schroders’ overall purpose is to improve futures by investing responsibility for our clients. We have a strong belief in the value that investment can create in our society and appreciate that we have an important responsibility in driving positive outcomes for the world around us.
Charles Prideaux, Global Head of Investment, Schroders commented
“We recognize that our ability to deliver value to our clients hinges on developing and applying sustainability insight that will strengthen performance and meet their increasing ESG outcome requirements. Andy Howard’s appointment will ensure our sustainable investment strategy continues to focus on developing these insights and integrating them into our investment platform as well as into our stewardship agenda.
“We would like to thank Jessica Ground for all her hard work and dedication to Schroders and wish her the very best in the future.”
Schroders has a long-serving and well-resourced Sustainable Investment team. It comprises of 22 ESG specialists who are responsible for analysis, engagement, voting and facilitating ESG integration into investment processes across teams and asset classes. Their extensive experience, having spent close to a decade in the investment industry on average, provides a strong platform on which we continue to build.
We are committed to full ESG investment integration across all of our managed assets by the end of 2020. Schroders’ Sustainability Accreditation, which was launched by the firm in 2017, currently encompasses more than 80% of the assets we manage on behalf of our clients.
As a global investment manager, we help institutions, intermediaries and individuals meet their goals, fulfil their ambitions, and prepare for the future. But as the world changes, so do our clients’ needs. That’s why we have a long history of adapting to suit the times and keeping our focus on what matters most to our clients.
Doing this takes experience and expertise. We bring together people and data to spot the trends that will shape the future. This provides a unique perspective which allows us to always invest with conviction. We are responsible for $662.6 billion (€590.3 billion/£500.2 billion)* of assets for our clients who trust us to deliver sustainable returns. We remain determined to build future prosperity for them, and for all of society. Today, we have 5,000 people across six continents who focus on doing just this.
We are a global business that’s managed locally. This allows us to always keep our clients’ needs at the heart of everything we do. For over 200 years and more than seven generations we’ve grown and developed our expertise in tandem with our clients’ needs and interests.
Further information about Schroders can be found at www.schroders.com/us.
Schroder Investment Management North America Inc. (“SIMNA”) is an indirect wholly owned subsidiary of Schroders plc, a UK public company with shares listed on the London Stock Exchange, and is an SEC registered investment adviser providing asset management products and services to clients in the US and Canada. Schroder Fund Advisors LLC (“SFA”) is a wholly-owned subsidiary of SIMNA Inc. and is registered as a limited purpose broker-dealer with FINRA and markets certain investment vehicles for which SIMNA Inc. is an investment adviser. The Schroder mutual funds (the “Funds”) are distributed by SEI Investments Distribution Co (“SIDCO”), a member of FINRA. SFA previously served as the distributor of the Funds. Although SFA has been replaced by SIDCO as the distributor of the Funds, SFA continues to be involved in the distribution of shares of the Funds through an agreement with SIDCO, and SFA, SIMNA and their affiliates continue to provide shareholder services to the Funds. SIDCO is not an affiliate of Schroders plc.
*As of December 31, 2019