{"id":52083,"date":"2016-05-18T01:49:06","date_gmt":"2016-05-17T23:49:06","guid":{"rendered":"http:\/\/beta.next-finance.net\/mobilite\/schroders-expands-securitised-credit-capability-through-acquisition-of-abs-and-mbs-team-from-brookfield\/"},"modified":"2016-05-18T01:49:06","modified_gmt":"2016-05-17T23:49:06","slug":"schroders-expands-securitised-credit-capability-through-acquisition-of-abs-and-mbs-team-from-brookfield","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/asset-management\/mobilite\/schroders-expands-securitised-credit-capability-through-acquisition-of-abs-and-mbs-team-from-brookfield\/","title":{"rendered":"Schroders expands securitised credit capability through acquisition of ABS and MBS team from Brookfield"},"content":{"rendered":"<p>The team is led by Michelle Russell-Dowe, Managing Director and Head of Securitised Products Investments at<br \/>\nBrookfield, and will combine with Schroders\u2019 existing New York based ABS team. The combined team will<br \/>\noversee more than $8 billion, with significant capacity for further growth.<\/p>\n<p>The team also manages an Irish qualifying investor alternative investment fund (QIAIF), which will become an<br \/>\nimportant component of the firm\u2019s extension into alternative investments. These assets will be managed under<br \/>\nthe Schroders brand, with full access to the firm\u2019s asset management platform, economists, research and risk<br \/>\nmanagement capabilities.<\/p>\n<p>Karl Dasher, CEO North America at Schroders said: <em>\u201cThis acquisition deepens our capabilities in one of the largest and most research intensive credit sectors<br \/>\nglobally. The process developed by Michelle and her team over two decades has delivered one of the longest<br \/>\nand strongest track records in the sector with an extensive network of industry relationships. This will strengthen<br \/>\nour investment capability for both US and non-US investors seeking higher return opportunities within fixed<br \/>\nincome.\u201d<\/em><\/p>\n<p>Michelle Russell-Dowe, Managing Director and Head of Securitised Products Investments at Brookfield<br \/>\nsaid: <em>\u201cOur team is very excited to become part of Schroders. We feel the organisation, investment approach and<br \/>\nenvironment will be a great fit for our team and our clients, which will benefit from the deep resources and<br \/>\ncapabilities Schroders has to offer globally. We look forward to working with Schroders to build on the exciting<br \/>\nopportunities available in a changing fixed income landscape.\u201d<\/em><\/p>\n<p>Schroders has a diversified and expansive fixed income capability globally, which includes credit, multi-sector,<br \/>\nrates, emerging market debt, municipals, convertibles, currencies and has now enhanced existing ABS and MBS<br \/>\ncapabilities. The Fixed Income team manages over $125 billion[[As of March 31, 2016 ]] in assets under management across the<br \/>\nregions and is supported by an investment staff of over 150 individuals including portfolio management, research,<br \/>\nanalytics, risk and product and portfolio management.<\/p>\n<p>Financial terms of the transaction were not disclosed and it is expected to complete in the third quarter of 2016.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Schroders has reached an agreement with Brookfield Investment Management Inc. to acquire its securitised<br \/>\nproducts investment management team with more than $4 billion[[Brookfield Investment Management Inc. as at March 31, 2016]] in assets under management. <\/p>\n","protected":false},"author":20,"featured_media":52081,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1479],"tags":[1655,1651,1437,2044,1753],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/52083"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=52083"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/52083\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/52081"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=52083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=52083"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=52083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}