Stockholm (NordSIP) – As it seeks to deepen its expertise into ESG investments, Schroders continues to expand into Scandinavia, one of the leading regions for sustainable assets. On June 25th, the asset manager appointed Johan Strömberg as a Client Director to further strengthen the firm’s private equity business and client relationship capabilities in the region.
Strömberg will be responsible for continuing to build Schroders’ role as an intermediary with institutional investors across the Nordic Market. He will be based in Stockholm and will report to Henrik Jonsson, Head of Nordic Region. Prior to this role, Strömberg headed Investec Asset Management’s Nordic sales team as a Regional Director.
“Schroders is today one of the largest asset managers in the private assets space, and we continue to see tremendous potential for growth in this area over the long-term,” Jonsson commented. “Johan’s vast expertise in this area will be of great value as we focus on taking this business from strength to strength.”
“Additionally, Johan also brings a large amount of experience and insight into the Nordic market specifically, and we believe that he will be well-placed to deliver the best results for our clients and help them grow their exposure in this asset class.”
“I’m delighted to be joining Schroders and become a part of the established Nordic sales team, and support them in continuing to serve existing and new clients,” Strömberg added. ”I have always have had a ‘good eye’ for Schroders who I think represents the highest quality throughout. I will focus on the private equity business within the group, called Adveq. It is very well positioned to access specialist private equity opportunities, take part of the continuous expansion of private assets in the region and deliver PE investments clients can be proud of,” Strömberg told NordSIP.
Schroders has a strong reputation in the Nordics after being one of the first foreign asset managers to establish a presence in the region, opening its first office in Denmark in 1989.
“ESG and sustainability are moving beyond the early adoption hype to a phase where proof is required. With Schroders Adveqs integrated ESG and sustainability investment process, combined with Schroders’ sustainability resources and firmwide commitment to drive the firm’s industry leadership, our reporting platform is the proof of this effort,” Strömberg adds. Despite their sophistication, Strömberg noted some hurdles still face Nordic sustainable investors. “I would like to say that Nordic investors are at the forefront of sustainable investment practices. However, one challenge still facing them is to find a more consistent approach to sustainability within their investment portfolios. A potential way forward in this filed is sharing best practises, which we do with our clients and prospects on an ongoing basis.”