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BRIEF-TriState Capital holdings terminating agreement to acquire fixed income team, $4 bln AUM
December 5, 2016 / 12:42 PM / a year ago

BRIEF-TriState Capital holdings terminating agreement to acquire fixed income team, $4 bln AUM

Dec 5 (Reuters) - TriState Capital Holdings Inc :

* TriState Capital provides updates on its Chartwell investment partners business

* TriState Capital Holdings - is terminating definitive agreement it announced in October 2016 to acquire a fixed income team and AUM of about $4 billion

* TriState Capital Holdings Inc - TriState Capital announced that Chartwell will no longer serve as a subadvisor to Vanguard

* TriState Capital Holdings -continue to see Chartwell will deliver “robust revenue growth” with increasingly positive top, bottom-line contributions in 2017 Source text for Eikon: Further company coverage:

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