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Laxman Pai, Opalesque Asia: Multiasset manager Shelton Capital Management is acquiring Rockwood Capital Advisors, an international fixed-income specialist, to complement its growing institutional focus.
According to a joint media release, through the acquisition, the entire Rockwood team, including its institutional fixed-income team dedicated to highly customized solutions that emphasize total return portfolios for its clients, will join Shelton.
Founded in 1997, Rockwood Capital Advisors is a private SEC-Registered Investment Advisor based in St. Louis, MO, and provides advisory services to pension and profit-sharing plans, charitable organizations, and state & municipal government entities.
Denver-based Shelton Capital Management, which manages over $3.4 billion of assets, is a multi-strategy asset management with fund administration and digital marketing expertise, the release said.
"Rockwood's portfolio management team, with its outstanding track record managing fixed income portfolios for its clients, will complement the growing institutional focus at Shelton. The team will remain in St. Louis," the release said.
"Rockwood's portfolio management team brings compelling investment solutions with great track records, and their client-centric service model complements ours. Their clients have enjoyed outstanding returns and together, we are well positioned to bring this performance to other institutional clients who often prefer larger scale," said Steve...................... To view our full article Click here
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