In its half-year results published today (1 August), the FTSE 100 firm reported AUM including joint ventures and associates was up 6.1% from the same period last year to £773.7bn. This was driven by an £18.3bn contribution from markets, FX and investment performance, as well as £3.9bn net new business. Excluding JVs and associates, AUM was £657.3bn, with net outflows of £3.9bn. The firm's wealth management business brought in £3.7bn net new business, while £3bn net inflows into private markets failed to offset the £7.6bn net outflows of its asset management division. Schroders eyes...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.uk