Schroders, one of the UK's biggest fund managers, has become the latest to sign up to a new technology service offering "unconflicted" access to companies' management teams by cutting banks out of the loop.

Schroders' UK and European equity teams are set to introduce the new service, which is provided by fintech start-up Ingage, as regulators clamp down on fund managers paying banks for arranging meetings with potential investee companies.