Mar 26 2013 | 1:19pm ET
Schroders yesterday agreed to buy Cazenove Capital for £424 million (US$646 million), a move that will unite two of London's oldest and most august asset and hedge fund managers.
Clients of both firms will see no change in the personnel managing their money. Savings of between £12 million and £15 million per year will not come from "the front office of our wealth management business or investment funds," Schroders CEO Michael Dobson said.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…