Schroders buys majority stake in $1.1bn real estate investment manager
Pamfleet deal expands firm's reach into Far East
Pamfleet has offices in Singapore, Hong Kong and Shanghai
Schroders has agrees to acquire a majority stake in Pamfleet, a $1.1bn Asian real estate manager with offices in Hong Kong, Shanghai and Singapore.
The 19-strong team will be renamed Schroder Pamfleet as a result of the aquisition, while the management teams running the company's four funds will remain unchanged. Pamfleet's managing directors Allan...
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