Schroders is a global asset management company.

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LATEST

Schroders to Acquire STW Fixed Income Management

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Schroders has announced that it has reached agreement for its subsidiary Schroder U.S. Holdings Inc. to acquire 100% of the share capital of STW Fixed Income Management LLC (STW), a value-orientated, US investment-grade fixed income manager.

Schroders To Acquire 25% of Indian Asset Manager

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Schroders has announced that its wholly owned subsidiary, Schroder Singapore HoldingsPrivate Limited, has reached agreement to acquire 25% of the share capital of Axis Asset Management Company, the Indian asset management business of Axis Bank Limited.

HOT LIST

BarCap, BlackRock, Citi, Goldman, Morgan Stanley, Nord LB

Bloomberg reports that Barclays Capital is to take up additional office space in London's Canary Wharf financial district. Further proof, if proof were needed, that BarCap boss Bob Diamond and his cohorts are unlikely to be spending much time in Amsterdam - deal or no deal with ABN AMRO.

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Schroders in new record

Fund manager Schroders said its assets under management rose to a record $452.5bn in the first quarter of 2014 after it took in new money across a range of products.

ABN Amro, Amaranth, Deutsche, RBS, Schroders, Asia-Pac

The Wall Street Journal reports that Vietnamese authorities are now seeking $3.7m from ABN Amro, claiming that the bank was a party to illegal FX trading from November 2003 to February 2006, which resulted in losses to the state-owned Incombank. Police have apparently indicated that they now plan to prosecute local ABN staff who have been under house arrest for months, and an Incombank staffer who has been languishing in jail awaiting a prosecution decision.

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