Schroders employs a collaborative team-based approach, combining its skill, experience and significant research resources across both public listed equity, and private equity.
Schroders’ Private Equity investment team, Schroder Adveq, has over 20 years’ experience successfully investing in early stage companies both direct via co-investment and through funds. Schroder Adveq has over $10 billion of assets under management across several specialist strategies. This includes investments in funds and companies and over 100 direct co-investments across Europe, US and Asia.
Schroders will leverage its stock selection expertise from across their public equities teams, as well as its wider investment capabilities in Data Insights and Sustainability. The aim will be to exploit the very best of Schroders’ long-term fundamental equity analysis in pursuit of identifying leading businesses of the decades ahead.
Tim Creed is the Head of Investments Europe. Tim is a member of Schroder Adveq's Management Committee and a member of the Investment Committee. He is also on the advisory boards of several leading European buyout and turnaround fund managers.
Prior to joining Schroder Adveq in 2004, Tim worked as a Project Manager at Aon in London, UK, having previously spent five years at Accenture in Strategy Consulting and Operations Consulting, where he worked mostly with financial services companies across Europe. Tim started his career as a Research Chemist at Astra Zeneca, also in the UK. From 2002 to 2007, Tim held a part time position as an Executive Public member of Network Rail in the UK.
Tim holds a Bachelor's degree in Chemistry from the University of Edinburgh, where he graduated with first class honors and an MBA from Oxford University, UK, where he was the Clifford H. Barclay Scholar.
In December 2019, Tim was selected as one of “50 Most Influential People in European Private Equity” by Financial News / Private Equity News.
Ben is head of Data Insights and Research Innovation for the Schroders group, based in London. His responsibilities include directing and overseeing the development of a cutting edge data science resource to supplement and enhance Schroders fundamental research processes and fund manager tools
Prior to this, Ben was a fund manager for Schroders’ Global Climate Change strategy and a Global Sector Specialist with the Global & International Equity team with responsibility for energy. Ben initially joined Schroders as a graduate analyst with Schroders’ Pan European research team. He later became a global basic materials specialist and worked as a an EAFE portfolio manager. Ben left Schroders in 2005 to work for the UK Civil Service before returning in 2013. Ben holds an MA (Hons) from Oxford University in History and Modern Languages (French)
Schroder UK Public Private Trust plc (“the Company”) has appointed Link Fund Solutions Limited (“AIFM”) as alternative investment fund manager under AIFMD to provide portfolio and risk management services on a discretionary basis.
The AIFM has delegated discretionary investment management services to Schroder Investment Management Limited (“Portfolio Manager”).
Management of certain investments has been delegated by the Portfolio Manager to Schroder Adveq Management AG, which is a group subsidiary and is licensed to manage alternative investments.
The information contained in this website is based on material provided to the Portfolio Manager by the Company and the AIFM.
The Company's investment objective is to achieve long-term capital growth through investing in a diversified portfolio with a focus on UK companies, both quoted and unquoted. As these companies evolve, the geographical profile of the portfolio may also change to become more global in nature for reasons such as an overseas listing or as the result of changes to the capital value of a non-UK company.
The Company will aim to deliver a return in excess of 10 per cent per annum over the longer term.
There is no guarantee the Trust will meet its objective.
Asset allocation and risk diversification
The Company invests in a diversified portfolio with a focus on UK companies (either incorporated in the UK or traded on a UK exchange), both quoted and unquoted. As these companies evolve, the geographical profile of the portfolio may also change to become more global in nature for reasons such as an overseas listing or as the result of changes to the capital value of a non-UK company.
The Company invests in:
The actual portfolio composition at any one time will reflect the opportunities available to the Portfolio Manager, the performance of the underlying investee companies and the maturity of the portfolio.
The Company’s portfolio will typically consist of 40-80 holdings. The Company may become a significant shareholder in any of the underlying portfolio companies.
The Company’s portfolio is constructed on the basis of an assessment of the fundamental value of individual securities and will not be structured on the basis of sector weightings. The Company’s portfolio is diversified across a number of sectors and, while there are no specific limits placed on exposure to any one sector, the Company will at all times invest and manage the portfolio in a manner consistent with spreading investment risk.
The Company is subject to the following investment restrictions:
The Company may employ gearing of up to 20 per cent of net asset value, calculated at the time of borrowing, for the purpose of capital flexibility, including for investment purposes.
The Board will oversee the level of gearing in the Company, and will review the position with the Portfolio Manager on a regular basis.
The Company may use derivatives for the purposes of hedging any currency risk to which the Company may be subject but will not use derivatives for investment purposes.
While it is intended that the Company will be fully invested in normal market conditions, the Company may hold cash on deposit or invest on a temporary basis in a range of debt securities and cash equivalent instruments. There is no restriction on the amount of cash or cash equivalent instruments that the Company may hold and there may be times when it is appropriate for the Company to have a significant cash position instead of being fully or near fully invested.
Investment trusts offer a flexible and effective way to gain exposure to some of the world's most dynamic markets and regions, and can be used to meet a variety of investment outcomes. For more information on how Schroder UK Public Private Trust shares can be bought and sold, visit our How to invest page.