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 byJill Cornfield
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.