Pamfleet: Schroders buys control of Hong Kong's property manager Pamfleet, in a vote of confidence amid city's frayed nerves

Schroders, the 216-year old UK-based multinational asset manager, has bought control of a Hong Kong real estate investment manager, in a vote of confidence of the city's role as a regional hub for financial and professional management services, even as it finds itself caught in the escalating rivalry between the US and China.Schroders has taken over Pamfleet, with 19 properties in Hong Kong, Singapore and China valued at US$1.1 billion under management, according to a press statement that did...