Rothschilds looks for buyer

Rothschild Asset Management has been put up for sale following the Rothschild Group's decision to focus on its core international private banking and wealth management divisions.

The decision means both the Five Arrows-branded retail and institutional businesses are expected to be sold off.

Paul Manduca, chief executive of Rothschild Asset Management, confirmed the Rothschild Group is looking to sell off the asset management business quickly and hopes to have a buyer secured within the next two

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