Schroders Real Estate

Schroders is a very traditional UK institutional asset manager. In terms of prestige it is a middle-market firm similar to LGIM, M&G and Aberdeen Standard etc. They have an established Real Estate platform with their investment style primarily being Core, Core+ investments. You would not find them doing much value-add/opportunistic investments. Hence the deals you will be working on are not the most complex but stable investments. Compensation wise, analysts usually start off on £40K (GBP) with a bonus of 10-20%. The structure with Schroders is a bit odd in the sense there is no traditional Analyst, Associate, VP, Director structure but rather people remain Analysts but their pay is reviewed and upgraded on a yearly basis. The next step after Analyst would be to become a fund manger after a number of years. In terms of hours, UK AM's like Schroders are relaxed, with employees working 8:00/9:00-18:00/19:00 with a lot of flexibility with regards to holidays and working from home. 

Q: Would also love info on the graduate programme for real estate as well. Thanks!

Schroders real estate teams have a duel role of Acquisitions and Asset Management, hence graduates will be exposed to a wider range of activities and acquire a broader skill set. For Real Estate graduates they prefer analysts to go down the CFA route rather than get a RICS qualification. The team is involved in real estate deals across the UK and Europe in multiple sectors (industrial, office etc.)