Schroders has partnered with Citi to launch a bespoke discretionary fund management (DFM) service.

The service, which will be delivered by Cazenove Capital, will be available for Citigold – Citi’s mass affluent clients in the UK and certain international markets.

Citi’s clients will gain access to Cazenove’s DFM proposition, offering a choice of Sterling, Euro and US dollar currencies. Clients will also have access to active portfolio management and transparent reporting.

Citi’s relationship managers will assess individual client risk profiles and financial goals, while Cazenove will set an appropria...