Traditional asset managers have ramped up efforts to expand their private markets divisions, not only targeting institutions with their products but also leveraging their existing relationships with wealth managers and advisers to launch funds targeting this growing segment of customers.

Schroders Capital has made sure that it is leading this trend. In this interview, Rainer Ender, head of private equity at Schroders Capital, talks about the asset manager’s product plans, how it will be in the first wave of managers using the UK’s Long-Term Asset Fund and why he’s not worried about returns coming down.