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Schroders takes stake in digital assets firm Forteus in step towards tokenised funds

London-listed Schroders has bought a minority stake in Forteus, a blockchain and digital assets focused asset manager

Schroders is the latest asset manager to talk up the benefits of blockchain technology
Schroders is the latest asset manager to talk up the benefits of blockchain technology Photo: Alamy

Schroders has acquired a minority stake in a blockchain and digital assets focused asset manager in a move that could allow it to offer tokenised funds to investors.

The London-listed manager, which has some £732bn under management, made the investment in Forteus, the asset management arm of Swiss firm Numeus Group.

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