Schroders boosts FM offering with R&M Solutions takeover

Acquisition expected to clear in the first quarter of next year

James Phillips
clock • 3 min read
Schroders group CEO Peter Harrison
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Schroders group CEO Peter Harrison

Schroders has announced plans to acquire River and Mercantile (R&M) Group’s UK Solutions division for approximately £230m.

With around £42bn of assets under management, the fiduciary management and derivatives business is expected to transfer to Schroders in the first quarter of next year, subject to regulatory and shareholder...

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