The new CIO brings a wealth of knowledge and experience to the role that will significantly contribute to the firm's efforts in fostering growth and driving innovation.

Schroders has appointed Philip Chandler (pictured) as chief investment officer (CIO) of Schroder Investment Solutions (SIS).

SIS is a series of actively-managed model portfolios and multi-asset funds established by Schroders in 2021. Since inception, it has grown with assets under management over £6.3 billion ($7.87 billion) as clients have sought to access this range.  

Chandler, who joined Schroders in 2003, will maintain his current position as head of UK multi-asset while also stepping into the role of CIO, the firm said in a statement.

Since becoming part of the multi-asset team in 2009, Chandler has been important in the team's success, serving as co-manager of the Global Multi-Asset Portfolio range within SIS since its inception.

Chandler’s appointment will enhance the SIS proposition by ensuring alignment between the UK multi-asset team and the model portfolio service range to create greater unification across SIS solutions, the firm added.

Created to cater for a wide range of clients' investment needs and risk profiles, SIS offers financial advisors access to a selection of approaches across the full risk spectrum spanning active, blended, passive and sustainable strategies.

Schroders has managed multi-asset mandates for more than nine decades and has over 145 professionals in the multi-asset investments team, managing over £200 billion for clients worldwide.

"His appointment as CIO further reflects our commitment to the UK advisory market,” Jamie Fowler, head of regional and advisory sales at Schroders, said. “He brings a wealth of knowledge and experience to the role that will significantly contribute to our efforts in fostering growth and driving innovation.”