Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Schroders    SDR   GB0002405495

SCHRODERS (SDR)
Mes dernières consult.
Most popular
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Schroders : agrees to buy Swiss private equity firm Adveq

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/21/2017 | 10:28am CEST

British asset manager Schroders said on Thursday it had agreed to buy Swiss-based private equity firm Adveq Holding for an undisclosed sum.

Traditional asset managers are increasingly expanding into alternative investment markets such as private equity to meet growing demand from investors such as pension funds seeking diversification in order to generate the returns needed to meet their liabilities.

The deal for Adveq, which manages more than $7 billion, is expected to close in the second half of 2017, Schroders said in a statement. Schroders' private assets arm currently manages 14 billion pounds in assets.

Schroders, Britain's largest listed standalone asset manager with around 400 billion pounds in assets, said there would be no changes to Adveq's investment team, process or strategies as a result of the deal.

"Adveq's impressive investment proposition, proven track record and strong position within key markets makes this partnership a complementary combination," said Schroders Chief Executive Peter Harrison in a statement.

Founded by Bruno Raschle in 1997, Adveq invests across a range of private equity strategies including venture capital, buyouts, co-investments and secondaries, and has expanded from its Swiss-German home markets to Asia and the United States.

(Reporting by Simon Jessop; Editing by Greg Mahlich)

By Simon Jessop

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SCHRODERS
08/17 SCHRODERS : ex-dividend day for interim dividend
08/16 SCHRODERS : UK inflation fails to rise and market forecasts are likely to be cut
08/14 SCHRODERS : strengthens UK Institutional team
08/11 JP Morgan Asset Management says will absorb research costs due to MiFID-II
08/10 SCHRODERS PLC : (SDR.L) Chart Update & Technical Review
08/08 SCHRODERS : Climate Progress Dashboard launched
08/06 SCHRODERS : appoints Sales Director for Middle East
08/03 SCHRODERS PLC : (SDR.L) Moves 0.16%
07/31 SCHRODERS : completes acquisition of Adveq
07/29 SCHRODERS PLC : (SDR.L) AO Signal Intensifying Over Past 5 Bars
More news
News from SeekingAlpha
07/31 Schroders' (SHNWF) CEO Peter Harrison on Q2 2017 Results - Earnings Call Tran..
07/27 Schroders reports 1H results
04/21 Schroders To Acquire Adveq Holdings For Private Equity Platform
03/02 Schroders' (SHNWF) CEO Peter Harrison on Q4 2016 Results - Earnings Call Tran..
03/02 Schroders Plc. 2016 Q4 - Results - Earnings Call Slides
Financials ( GBP)
Sales 2017 1 986 M
EBIT 2017 696 M
Net income 2017 545 M
Finance 2017 2 691 M
Yield 2017 2,97%
P/E ratio 2017 17,26
P/E ratio 2018 16,10
EV / Sales 2017 3,27x
EV / Sales 2018 2,82x
Capitalization 9 177 M
Chart SCHRODERS
Duration : Period :
Schroders Technical Analysis Chart | SDR | GB0002405495 | 4-Traders
Technical analysis trends SCHRODERS
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 34,3  GBP
Spread / Average Target -0,36%
EPS Revisions
Managers
NameTitle
Peter Harrison Chief Executive Officer & Executive Director
Michael William Romsey Dobson Chairman
Richard Keers Chief Financial Officer & Executive Director
Stewart Carmichael Chief Technology Officer
Bruno Schröder Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
SCHRODERS14.88%11 838
BLACKROCK12.54%68 939
UBS GROUP4.39%65 828
GOLDMAN SACHS BDC INC-4.25%61 601
BANK OF NEW YORK MELLON (THE)11.61%54 912
STATE STREET CORP19.71%35 084