{"id":16368,"date":"2010-06-23T07:03:49","date_gmt":"2010-06-23T11:03:49","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=16368"},"modified":"2010-06-23T07:03:49","modified_gmt":"2010-06-23T11:03:49","slug":"schroders-buys-49-stake-in-hedge-fund-group-rwc","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2010\/schroders-buys-49-stake-in-hedge-fund-group-rwc.html","title":{"rendered":"Schroders Buys 49% Stake In Hedge Fund Group RWC"},"content":{"rendered":"<p>Dow Jones -Schroders PLC Tuesday said it is taking a 49%  stake in London hedge-fund operator RWC Partners Ltd., in the latest  effort by a traditional stock and bond fund manager to boost its  exposure to higher-fee hedge funds.<\/p>\n<p>Schroders didn&#8217;t say how  much it paid for the stake in the company, which manages $2.2 billion.  Similar transactions, such as F&amp;C Asset Management PLC&#8217;s  GBP33.6 million purchase of Thames River Capital, and Man Group PLC&#8217;s $1.6 billion buy of GLG Partners Inc. have cost anywhere  from 1% to 7% of assets under management, but those purchases involved  taking full ownership.<\/p>\n<p><a href=\"http:\/\/online.wsj.com\/article\/BT-CO-20100622-706673.html?mod=WSJ_World_MIDDLEHeadlinesEurope\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dow Jones -Schroders PLC Tuesday said it is taking a 49% stake in London hedge-fund operator RWC Partners Ltd., in the latest effort by a traditional stock and bond fund manager to boost its exposure to higher-fee hedge funds. Schroders [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-16368","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16368","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=16368"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16368\/revisions"}],"predecessor-version":[{"id":16369,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16368\/revisions\/16369"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=16368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=16368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=16368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}