Apollo and Schroders Launch Partnership to Develop Wealth, Retirement Solutions
Apollo (NYSE: APO) and Schroders (LON: SDR) have announced a strategic partnership to develop a new generation of wealth and retirement investment solutions designed to broaden client choice and outcomes. The alliance combines Apollo’s private markets platform and Schroders’ active management in public markets and specialist capabilities across private markets, through Schroders Capital.
“Schroders is a storied institution with deep investment expertise and a reputation for delivering excellent client outcomes. Our complementary capabilities can help address a large and growing societal need for reliable income solutions,” said Marc Rowan, chief executive officer of Apollo Global Management. “Together we look forward to developing the next generation of hybrid products.”
Key initiatives include accelerating and deepening the firms’ offering in the U.K. wealth market through the co-creation of new investment products blending public and private market fixed income exposures from across Apollo, Schroders, and Schroders Capital. These will seek to provide enhanced income solutions for U.K. wealth clients, with enhanced diversification and the potential for improved risk-adjusted returns across the credit spectrum. The first product is expected to launch later this year.
In addition, Schroders will have the opportunity to allocate to Apollo from certain existing client portfolios, with a focus on capabilities that complement Schroders Capital and with the potential to improve client outcomes.
Meanwhile in the United States, the partnership is planning to launch a collective investment trust for the defined contribution pension market in the second quarter of 2026, combining complementary exposures across Apollo and Schroders Capital.
The partnership reflects growing demand globally for hybrid solutions that harness the best of both public and private markets, to help meet growing savings and retirement needs. The firms said successful market testing with potential clients, along with potential flows from existing clients, point to a multi-billion-dollar annual opportunity.
“This partnership is highly complementary, delivering the best of Schroders and Apollo to deliver better outcomes for our clients. It has the potential to offer clients something truly different; innovative investment solutions with the potential to deliver robust, resilient returns, encompassing offerings across the wealth and retirement landscape in the U.K. and the U.S.,” said Richard Oldfield, group chief executive at Schroders.
Schroders is a $1 trillion+ asset manager with a deep heritage in public equities and fixed income, as well as private market capabilities through Schroders Capital, including across the universe of private debt and credit alternatives where the firm manages more than $38 billion on behalf of clients.
Apollo is a global asset management and retirement services business. It has approximately $908 billion of assets under management.
Last month, AltsWire reported that OneDigital introduced private investments into its personalized portfolio program for 401(k) plan sponsors, expanding access to institutional-quality strategies to support participant retirement outcomes. The addition incorporates select private equity, private credit, and opportunistic investment strategies through strategic relationships with leading global asset managers, including Apollo, as well as Ares and Blackstone.
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