Schroders is a global asset management company.

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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.


BofA, JP Morgan, Lazard, Schroders

Luca Sala, the former Bank of America executive accused of siphoning off $63m in cash from failed dairy company Parmalat, has been released from prison after 16 days. An Italian judge ordered Sala's release on the basis that he was co-operating with investigators, and said that there was no danger that he would tamper with evidence.

Collins Stewart, Credit Suisse, Lazard, Schroders

Collins Stewart and the Financial Times have settled their libel spat. The newspaper's owner, Pearson plc, agreed to pay $528,000 to settle a damages claim brought by the broker in conncetion with a series of articles published in August 2003 and related to allegations made by a former analyst at the firm.

The Latest On Hiring And Promotions

Deutsche Bank has just hired four senior sales and trading staff into its New York high-yield group from rivals Goldman Sachs, Merrill Lynch and Morgan Stanley, as part of what the bank has described as a 'further expansion of its credit continuum'. Right!