Schroders appoints David Thomas as Fiduciary Management Bus Dev Director

Schroders today announces it has strengthened its Fiduciary Management (FM) team, with the appointment of a specialist business development director to help meet clients’ outsourcing investment objectives.

David Thomas has joined from Goldman Sachs Asset Management (GSAM) as Fiduciary Management Business Development Director. He was most recently a VP in GSAM’s UK & Irish Institutional Client Business and Head of FM Sales for UK Institutional, having worked at the business for 14 years.

In this newly-created role, David Thomas will report into Claire Glennon, Schroders Co-Head of UK and Ireland Institutional.

Schroders has been focused on growing its FM offering, having announced earlier this year it had been appointed as Fiduciary Manager to the pension fund of Howard de Walden, the property management specialist responsible for a diverse range of property in the Marylebone area of London.

Schroders’ FM team aims to meet clients’ required long-term funding objectives. It is part of Schroders’ Solutions division which works closely with clients and their advisors to develop tailored investment solutions.

Claire Glennon, Co-Head of UK and Ireland Institutional, commented:

“David brings a considerable amount of institutional and FM experience to the role. He will help lead the business as we continue to focus on growth and meeting the complex investment needs of our clients. This appointment further reinforces our ongoing commitment to the FM space.”