Schroder Wealth Management CEO Oliver Gregson said in an interview with the Financial Times that Schroder has agreed to make major investments in its wealth management department over the next five years and will consider an acquisition to support the business. Gregson said the company plans to refocus on ultra-high net worth customer groups. The company will continue to invest in Kessenow Capital in the UK and Schroder's international wealth management business.

Schroder Wealth Management CEO Oliver Gregson said in an interview with the Financial Times that Schroder has agreed to make major investments in its wealth management department over the next five years and will consider an acquisition to support the business. Gregson said the company plans to refocus on ultra-high net worth customer groups. The company will continue to invest in Kessenow Capital in the UK and Schroder's international wealth management business.