Schroders Launches Two Active Fixed Income ETFs
Schroders has expanded its active fixed income ETF platform with the launch of two new funds: the Schroder CoCo Financial Credit Active UCITS ETF and the Schroder USD Investment Grade Corporate Bond Active UCITS ETF. Both ETFs are listed on the London Stock Exchange.
Schroders has launched two new actively managed exchange-traded funds (ETFs) focused on fixed income, further extending its UCITS active ETF platform. The Schroder CoCo Financial Credit Active UCITS ETF and the Schroder USD Investment Grade Corporate Bond Active UCITS ETF were listed on the London Stock Exchange on September 29, 2026.
The Schroder CoCo Financial Credit Active UCITS ETF will invest at least two-thirds of its assets in contingent convertible bonds (CoCos) issued by global financial institutions. Managed by Cindy Wang, the fund aims to outperform the ICE BofAML Contingent Capital Index (Hedged to USD) after fees over a three-to-five-year period. The strategy employs a bottom-up approach supported by Schroders' in-house credit research.
The Schroder USD Investment Grade Corporate Bond Active UCITS ETF will primarily invest in US dollar-denominated corporate debt. This strategy, managed by Julien Houdain, Martin Coucke, and Francois Carrie, utilizes quantitative analysis, security-level risk modeling, and portfolio optimization to identify pricing inefficiencies. The target is to achieve returns above the Bloomberg US Corporate Total Return Index after fees.
These launches represent the next phase in Schroders' expansion of active fixed income strategies within an ETF structure, following the introduction of its first fixed income active ETF in September 2025. As of September 21, 2026, Schroders' UCITS active ETF platform held $4.3 billion in assets under management.