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01.03 - 13:53
Schroders posts 'resilient performance' despite profits suffering from 'market headwinds'
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investmentweek.co.ukIn the firm's results for the year ended 31 December 2023 published today (29 February), it posted £2.33bn net operating revenue — down from £2.36bn in 2022 — and £661m in operating profit, a decrease from £723m a year prior. Hargreaves Lansdown adds Schroder Income fund to Wealth Shortlist At the same time, net new business significantly increased over the year, to £9.7bn from -£1.6bn at the end of 2022, and assets under management continued increasing from £737.5bn as of 31 December 2022 to £750.6bn at the end of 2023 — a 2% rise. Group CEO Peter Harrison commended the company's ...
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