Deals & People December 18, 2012

Schroders, STW Fixed Income in Acquisition Deal

Schroders made an agreement for its subsidiary Schroder U.S. Holdings Inc. to acquire 100% of the share capital of STW Fixed Income Management LLC.
Reported by

The transaction is expected to be completed in the first quarter of 2013. As of September 30, STW managed approximately $11.9 billion on behalf of more than 100 institutional clients. Schroders is a global asset management company. STW Fixed Income Management is an investment-grade, fixed-income manager.

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