Emerging Markets
Schroders' Thailand Business Launches Portfolio

UK-listed Schroders has been building out its Thailand offerings as part of a wider Asia development strategy.
Schroders, the
UK-listed wealth manager which has been building out its Asian
footprint, has launched a new multi-asset portfolio for the
Thailand market. The firm is collaborating with Thailand-based
Robowealth.
The new offering is called the Schroders Growth & Income
Solution, a portfolio comprising best-in-class Thai-domiciled
funds. The solution will be offered to Thai investors exclusively
through Robowealth’s “odini BLACK” platform. To take part, people
must put in at least THB500,000 ($14,926) of capital.
Schroders will advise Robowealth on asset allocation. Through its
research of third-party managers, Schroder’s team has constructed
an open architecture portfolio of funds, which Robowealth can
extend to Thai investors.
The UK firm is not the only one to be working with Thailand-based
wealth managers. Julius Baer, the Swiss private bank, has done
so, for example. Credit Suisse launched onshore wealth management
services in Thailand in 2016 with a dedicated wealth
management team in Bangkok.
Schroders has been building its Asia business, as well as its
domestic UK arm. In January, it launched Schroder BOCOM
Wealth Management Co, a partnership in China between UK-listed
Schroders and Bank of Communications Wealth Management, which
received the regulatory green light in China.
The strategic partnership between Robowealth and Schroders was
first announced in September 2021.