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Schroders eyes sale of its own bond for £250m
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If the move, first reported by Bloomberg News, was to go ahead, the product would be the asset manager's first bond and would count as tier 2 capital, which is considered as supplementary capital used to meet regulatory requirements. Tier 2 capital is typically used by banks and insurers to ensure financial stability. Outgoing Schroders UK wealth head Doug Abbott: Retail LTAF will offer alternative route to private markets A Schroders spokesperson said: «We are always looking at the best way to manage and optimise our capital structure.» The spokesperson added the asset manager ...
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