Schroders completes acquisition of STW Fixed Income Management LLC PR Newswire 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 capabilities." 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 or Susan.Schuppe@Schroders.com. 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 services. 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 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 www.stw.com. SOURCE Schroder Investment Management North America Inc. Website: http://www.schroders.com/us
Schroders completes acquisition of STW Fixed Income Management LLC
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