Schroders has taken a strategic minority stake in Forteus, an asset manager focused on blockchain technology and digital assets that is headed by senior former executives from the alternative investment industry.

Forteus – which is based in Zug with an office in New York – is the asset management arm of the Numeus Group, a diversified digital asset investment firm led by Nobel Gulati, who was formerly CEO at leading US-based systematic hedge fund group Two Sigma Advisors.

Schroders said it chosen to invest in a leading-edge specialist in blockchain technology and digital assets in order to support its ongoing education and research in this sector and to develop investment solutions for the benefit of its clients.

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