Schroders has selected Philip Chandler, head of UK multi asset, as CIO of Schroder Investment Solutions.
Chandler will maintain his role as head of UK multi asset in addition to his new position. He joined Schroders in 2003, and the multi-asset team in 2009.
See also: Schroders’ AUM reaches new high but net outflows fall by £2.3bn
Schroder Investment Solutions (SIS) was established in 2021 as a range of actively-managed model portfolios and multi-asset strategies. Chandler has been a co-manger of the global multi-asset portfolio range in SIS since it began.
Jamie Fowler, head of regional and advisory sales at Schroders, said: “Philip’s appointment as CIO further reflects our commitment to the UK advisory market. He brings a wealth of knowledge and experience to the role that will significantly contribute to our efforts in fostering growth and driving innovation.
“We are proud of the significant progress SIS has made since its inception, and we believe that under Philip’s leadership, we will continue to build on this momentum with the aim of enhancing client outcomes.”
SIS now has over £6.3bn assets under management.