Schroders nine-month AuM up 9%
Asset manager Schroders reported a jump in assets under management and administration in the first nine months of the year.
Financial Services
15,999.21
17:14 04/10/24
-1.16%
-187.06
FTSE 100
8,280.63
16:49 04/10/24
n/a
n/a
FTSE 350
4,570.17
17:14 04/10/24
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FTSE All-Share
4,527.24
16:54 04/10/24
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Schroders
360.60p
17:15 04/10/24
3.86%
13.40p
In a very brief trading update on Thursday, the group said assets under management and administration rose 9% to £430.2bn.
Meanwhile, assets in the asset management business rose to £375.5bn from £346.4bn, while assets in the wealth management arm increased to £44.1bn from £39.6bn.