UK’s Schroders to buy Singapore-based Asian wealth manager Thirdrock

UK’s Schroders to buy Singapore-based Asian wealth manager Thirdrock

Jubilee Bridge, Singapore. Photo: Pixabay

UK-based asset management company Schroders has reached an agreement to acquire the wealth management business of Singapore-based Thirdrock Group, which has assets under management of S$3 billion ($2.2 billion).

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