Citigroup Global Equity Strategy by xkk16292


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									Schroder Investment Management North America Inc.
875 Third Avenue, 22 floor, New York, NY 10022
Telephone 212-641-3800 Fax 212-641-3685

Press Release

Schroders to Sub-Advise Multi-Manager Portfolio
for Citigroup Investment Advisory Services
Schroder International Equity EAFE Strategy Selected for a $440 Million Sub-Advisory Mandate

25 September, 2007

Schroders, the $276 billion global asset manager, announced today that the Board of Trustees of the
Consulting Group Capital Markets Funds approved the hiring of Schroder Investment Management North
America Inc. as an investment subadviser to a portion of the International Equity Investments portfolio.

Schroders will manage the portfolio using its Schroder International (EAFE) Diversified Equity strategy, a
growth-oriented, international best-ideas strategy that holds approximately 80 – 100 stocks. The strategy
is benchmarked against the MSCI EAFE Index and managed by Schroders’ London-based EAFE team,
headed by Virginie Maisonneuve.

Citigroup Investment Advisory Services’ selection of Schroders as sub-advisor is the latest in a string of
mandate wins for Schroder Investment Management North America Inc.’s institutional and intermediary
businesses. Within the past few months, Schroders has formed significant alliances with Merrill Lynch,
winning an advisory mandate for its UMA portfolios, as well as sub-advisory mandates with Curian
Capital and Allianz.

Speaking about the Citigroup mandate, Carter Sims, Head of Intermediary Distribution, says: “We are
delighted that Citigroup has selected this international strategy. Citigroup’s Consulting Group employs a
rigorous evaluation process to select its subadvisers, so we are especially pleased that our EAFE
strategy has distinguished itself among its peers with a world-class management team and its

Commenting on the string of mandate wins, Jamie Dorrien-Smith, CEO of Schroders Americas, says:
"Building our business in the Americas with both institutional and intermediary clients is a long-term
strategic priority for Schroders. Our inclusion on these highly selective platforms, in addition to the
institutional clients we have recently added, shows that we are making substantial progress toward
achieving our goals.”

Schroder Investment Management North America Inc.
875 Third Avenue, 22 floor, New York, NY 10022
Telephone 212-641-3800 Fax 212-641-3685

                                                 # # #

For further information, please contact:

Richard Shaw, Schroders (New York)                     212-641-3874

Nik Ekholm (London)                                    011-44-207-658-7938

Notes to Editors
Schroders Investment Management North America Inc.

Schroders Investment Management North America Inc. is a unit of Schroders plc (“Schroders”), a global
asset management company with approximately $276 billion under management as of June 30, 2007.
Our clients include major financial institutions such as banks and insurance companies, as well as local
and public authorities, public and private pension funds, endowments and foundations, intermediaries
and advisors, and high net worth individuals and retail investors.

Our aim is to apply our specialist asset management skills in serving the needs of our clients worldwide
and in delivering value to our shareholders. With one of the largest networks of offices of any dedicated
asset management company and over 325 portfolio managers and analysts covering the world's
investment markets, we offer our clients a comprehensive range of products and services.

Further information about Schroders can be found at

Issued by Schroder Investment Management North America.

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