Schroders, Cazenove In Takeover Talks

Mar 22 2013 | 11:46am ET

Schroders is in talks to buy rival British fund manager Cazenove Capital Management.

Both firms confirmed that they are in talks about a deal. Schroders has until April 19 to announce whether it will make an offer, which would be either in cash or loan notes.

Cazenove, which is employee-owned, has about £18.7 billion in assets under management.


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...