Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:UK Manager Eyes US Fund Market Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, August 16, 2005

UK Manager Eyes US Fund Market

by: Theresa Sim

High off the success of its U.K. mutual fund sales, London-based money manager Schroders Plc is considering selling mutual funds in the U.S., reports Bloomberg.

The firm has been shifting its focus from institutional investors to retail investors to realize higher management fees and capture more assets.

Chief executive officer Michael Dobson said that Schroders is looking overseas to continue its growth in the retail space, which for the first time contributed to half of the firm's revenues in the first half of this year.

Schroders is eyeing China, where it has a joint mutual fund business with Bank of Communications Ltd.

Bloomberg also reports that Schroders has 759 million pounds, or $1.37 billion, available for potential acquisitions.

"We believe we will find opportunities," Dobson told Bloomberg.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use