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Schroders buys majority stake in Asian real estate manager
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Schroders has acquired a majority stake in a $1.1bn Asian real estate investment firm Pamfleet, bolstering the listed UK asset manager's expertise in the asset class.
Schroders, which manages around £16.3bn in real estate assets, will bring on board 19 investment professionals as a result of the deal, with the division renamed Schroders Pamfleet.
Acquiring...
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