Taft-Hartley
Schroders has a proud history of serving the needs of the Taft-Hartley market with a broad array of equity, fixed income and alternative investment strategies.
Our Commitment to Labor
We are honored to manage plan assets for over 60 union accounts totaling $6.8 billion in assets (as of 6/30/2023).
Labor-Aware Capabilities
We've created tailored strategies specifically for the needs of labor plans.
Private Assets
Our growing suite of illiquid capabilities can offer additional sources of return for the long term.
Responsible Contractor Policy
At Schroders, our firm values are aligned with labor values and that is why we are proud to have created and signed a Responsible Contractor Policy (“RCP”).
This is a reflection of our commitment to only engage suppliers that provide fair wages, benefits and protections for their employees. We hope to improve the level of positive societal and labor impact that we have within our local communities.
“It’s a pleasure to work for a company that is committed to fair labor practices. We believe work should be done the right way.”
Head of Taft Hartley
Partnering with union labor
- Schroders employs union workers for construction, renovation and maintenance whenever possible
- The floors of our NYC Headquarters, 7 Bryant Park, were built in large part by unions
- Over $19 million spent by Schroders on union work since 2017
- Over $300k per year spent on union services on the maintenance of our building
Labor-aware capabilities
We are committed to providing working Americans with the service, innovation and performance they need to meet their retirement and long-term financial goals. To that end, we have created multiple strategies that aim to generate returns through a labor-aware approach.
Our alignment with labor is evident through our development of strategies that seek to generate returns while also recognizing the value of the employee and the importance of strong labor practices.
US Head of Pensions