14 May 2021
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1 min read
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The deal would have resulted in Schroders managing more than $1trn in assets
Schroders spent months exploring a possible bid for M&G to create a UK fund house with over $1trn in assets under management, according to reports.
Speaking anonymously to Bloomberg, it was explained that Schroders had been working with a partner earlier this year and explored the idea of a breakup of M&G, carving its asset management operations from...
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