{"id":52816,"date":"2016-06-03T08:26:03","date_gmt":"2016-06-03T06:26:03","guid":{"rendered":"http:\/\/beta.next-finance.net\/news\/schroders-enters-into-strategic-relationship-with-hartford-funds-to-accelerate-growth-plans-in-us\/"},"modified":"2016-06-03T08:26:03","modified_gmt":"2016-06-03T06:26:03","slug":"schroders-enters-into-strategic-relationship-with-hartford-funds-to-accelerate-growth-plans-in-us","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/schroders-enters-into-strategic-relationship-with-hartford-funds-to-accelerate-growth-plans-in-us\/","title":{"rendered":"Schroders enters into strategic relationship with Hartford Funds to accelerate growth plans in US"},"content":{"rendered":"<p>The relationship will involve Hartford Funds adopting 10 of Schroders\u2019 existing US mutual funds, with<br \/>\npotential for the partnership to expand over time. The adopted funds will be advised by Hartford Funds,<br \/>\nsub-advised by Schroders, and renamed \u2018Hartford Schroders Funds\u2019. The funds, which include equity,<br \/>\nfixed income and multi-asset strategies, collectively have $2.2 billion in assets under management(1)<\/p>\n<p>Peter Harrison, Group Chief Executive at Schroders said: \u201c<em>Hartford Funds is a high-quality company whose reach and scale makes them an ideal strategic partner<br \/>\nfor Schroders. The addition of funds sub-advised by Schroders to Hartford Funds\u2019 investment platform will<br \/>\ngive investors in the US access to our diverse investment management expertise. This relationship will<br \/>\nenable us to build scale in our US intermediary business and accelerate our growth plans in the US<br \/>\nmarket.<\/em>\u201d<\/p>\n<p>Jim Davey, President at Hartford Funds said: \u201c<em>This relationship allows us to expand the breadth of our investment capabilities and continue to deliver<br \/>\nquality solutions to US investors, both now and in the future. Schroders\u2019 history of product innovation and<br \/>\ndisciplined investment processes reflect our belief in differentiated, long-term thinking that helps investors<br \/>\nmeet their financial goals.<\/em>\u201d<\/p>\n<p>Hartford Funds has $73.6 billion assets under management2 and offers more than 45 funds in a variety of<br \/>\nstyles and asset classes.<\/p>\n<p>The fund adoptions are expected to be complete by the end of the third quarter of 2016, subject to<br \/>\nshareholder approval.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Schroders has entered into a strategic relationship with Hartford Funds, a leading US based asset management company that offers a broad range of actively managed strategies to US financial advisors and their clients.<\/p>\n","protected":false},"author":20,"featured_media":52814,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1655,1651,1437,2007,1753],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/52816"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=52816"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/52816\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/52814"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=52816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=52816"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=52816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}