Schroders completes acquisition of STW Fixed Income Management LLC
NEW YORK, April 2, 2013
NEW YORK, April 2, 2013 /PRNewswire/ -- Further to the announcement on
December 17, 2012, Schroders plc (Schroders) announces that its subsidiary,
Schroder U.S. Holdings Inc, has today completed the acquisition of 100 percent
of the share capital of STW Fixed Income Management LLC (STW), a
value-orientated, US investment-grade fixed income manager.
Karl Dasher, Head of Fixed Income, said: "This acquisition accelerates our
strategic ambitions in the US by adding top-quartile capabilities in
Unconstrained Taxable and Tax-Aware strategies across the duration spectrum.
We also deepen our talent base in an investment market that is critical to our
success globally. I am delighted to welcome our new colleagues to Schroders
and believe we can deliver significant benefits for clients with our combined
For additional information, please contact Chris Moon of JCPR at 973-850-7304
or firstname.lastname@example.org, or Susan Schuppe, Schroders (New York), at 212-641-3910
About Schroder Investment Management North America Inc.
Schroder Investment Management North America Inc. is a unit of Schroders plc
(SDR.L), a global asset management company with approximately $344.5 billion
under management as of December 31, 2012.
Schroders' clients consist of major financial institutions including banks and
insurance companies, as well as local and public authorities, public and
private pension funds, endowments and foundations, intermediaries and
advisors, as well as high net worth individuals and retail investors. The firm
has built one of the largest networks of offices of any dedicated asset
management company with more than 350 portfolio managers and analysts covering
the world's investment markets, offering a comprehensive range of products and
Schroder Investment Management North America Inc. is an investment advisor
registered with the US SEC. It provides asset management products and services
to clients in the US and Canada including Schroder Capital Funds (Delaware),
Schroder Series Trust and Schroder Global Series Trust, investment companies
registered with the SEC (the "Schroder Funds"). Shares of the Schroder Funds
are distributed by Schroder Fund Advisors LLC, a member FINRA. Schroder
Investment Management North America Inc. and Schroder Fund Advisors LLC are
indirect, wholly-owned subsidiaries of Schroders plc, a UK public company with
shares listed on the London Stock Exchange.
For additional information about Schroders, go to www.schroders.com/us.
STW Fixed Income Management LLC is a specialty fixed income manager founded in
1985, that provides custom solutions to meet the needs of a diverse client
base. The firm manages portfolios across the duration spectrum for both
taxable and tax-exempt investors. Assets under management are US$11.6 billion
as of December 31, 2012. Further information on STW can be found at
SOURCE Schroder Investment Management North America Inc.
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