In other news, a South African firm taps SS&C Sylvan, Intériale Mutual signs on with Clearwater & Tradeweb shuffles executives.
Schroders Takes Minority Stake in Forteus
Invesment management giant Schroders is investing in Forteus, an asset manager with a focus on blockchain technology and digital assets. Schroders officials say that they will develop next-generation investment solutions via the new arrangement.
Forteus is the asset management arm of the Numeus Group, a diversified digital asset investment firm led by Nobel Gulati former CEO of Two Sigma Advisers. Numeus consists of finance, blockchain and technology professionals who are applying their institutional experience to the emerging world of digital assets.
“Learning from the Numeus research and technology platform will enable Schroders to harness the transformational benefits that blockchain can bring to the asset management industry and develop our tokenization strategy,” according to Schroders officials.
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