Schroders studied M&G deal to build $1 trillion fund manager

Schroders studied M&G deal to build $1 trillion fund manager

Schroders spent months exploring a potential acquisition of M&G, a deal that would have created a U.K. fund powerhouse overseeing more than $1 trillion of assets, people with knowledge of the matter said. London-based Schroders was working with a partner earlier...
PE-backed Commodities Broker Marex Eyes $703m London IPO

PE-backed Commodities Broker Marex Eyes $703m London IPO

PE-backed commodities broker Marex announced on Friday it was considering a flotation in London that a source estimated could value the company at $703m. The move comes amid a boom in commodities markets and after the private equity owners of Marex spent several years...