Schroder Property Investment Management Limited
31 Gresham Street, London EC2V 7QA
Tel: +44 (0)20 7658 6000 Fax: +44 (0)20 7658 3960 www.schroderproperty.com
13 September 2013
Schroder Property Multi-Manager is pleased to announce a further £32 million investment from Dyfed
Pension Fund to take the Fund up to their target 8% weighting to property with Schroders. In total
Schroder Property Multi-Manager will manage circa £130 million on behalf of the Fund.
Dyfed Pension Fund provides retirement benefits for employees that work for Carmarthenshire,
Pembrokeshire and Ceredigion County Councils, as well as a wide range of other authorities, such as
Dyfed Powys Police Authority, Mid & West Wales Fire & Rescue Service, Local Colleges, Town and
Community Councils and many other Admission Bodies.
Graeme Rutter, Head of Property Multi-Manager, Schroder Property commented:
“We are very pleased to be awarded further assets to manage and with the confidence implied in our ability to continue to achieve the fund's investment objectives.”
On behalf of its client the Schroder Property Multi-Manager team will invest in a range of indirect property products including exclusive funds targeting car showrooms, convenience retail stores and core style and real return strategies across UK and mainland Europe.
Anthony Parnell at Carmarthenshire County Council, as administering authority of the Dyfed Pension
Fund, commented:
“Schroders has managed a UK and Continental European indirect property portfolio for the Fund since
2010. We are pleased to provide a further £32 million to their property multi-manager approach to achieve our target weighting of 8% of the Fund.”
Schroders Property Multi-Manager business was launched in 1997 and manages approximately £2.6 billion of assets (30 June 2013).
For further information, please contact:
Estelle Bibby, Senior PR Manager, Schroders
+44 (0)20 7658 3431 / +44 (0)7770 496163 estelle.bibby@schroders.com
Note to Editors:
For trade press only. To view the latest press releases from Schroders go to: http://ir.schroders.com/media

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Schroder Property
Schroders has managed property funds since 1971 and now has £10.6 billion (EUR12.4 billion/$16.1 billion) of gross property assets under management (at 30 June 2013).
All of the property funds referred to are unauthorised collective investment schemes as defined in the
Financial Services and Markets Act 2000. Promotion of these funds is restricted and access to full information about these funds is only available to those exempt from the restriction.
For further information about Schroders’ property business visit www.schroderproperty.com
Schroders plc
Schroders is a global asset management company with £255.8 billion (€298.5 billion, $388.0 billion) under management as at 30 June 2013*. Our clients are major financial institutions including pension funds, banks and insurance companies, local and public authorities, governments, charities, high net worth individuals and retail investors.
With one of the largest networks of offices of any dedicated asset management company, we operate from 37 offices in 27 countries across Europe, the Americas, Asia and the Middle East. Schroders has developed under stable ownership for over 200 years and long-term thinking governs our approach to investing, building client relationships and growing our business.
Further information about Schroders can be found at www.schroders.com. For regular updates by e-mail please register online at www.schroders.com for our alerting service.
Issued by Schroder Property Investment Management Ltd, which is authorised and regulated by the Financial
Conduct Authority.
* Pro forma for Cazenove Capital Management Ltd. (‘Cazenove Capital’) assets under management at 30 June
2013. Cazenove Capital was acquired on 2 July 2013.
Registered Office at the above address. Registered number 1188240 England VAT Registered number 243 8687 30
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