Schroders [see profile], the $286.1 billion global asset manager, has launched a new institutional fund as part of the firm's continuing strategic effort to introduce its global equity capabilities to North America.

The Schroder QEP Global Quality Fund is managed by members of the QEP Global Equities team, comprising 19 professionals based in London and Sydney and led by Justin Abercrombie.

The team's investment philosophy combines traditional fund management with quantitative analysis in a 'best of both worlds' approach to index-unconstrained investing in global equities.

In a statement, Jamie Dorrien-Smith, CEO, Schroders Americas said the firm is confident that the strategy will attract strong interest from its clients.

In addition, the firm has renamed the Schroder International Diversified Value Fund, which was launched in August 2006 and is managed by the QEP Global Equities team, to Schroder International Multi-Cap Value Fund to better reflects the strategy's index-unconstrained approach to international stock investing. 

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