Schroders posts rise in Q1 AuM

Fund manager Schroders reported a rise in its assets under management for the first three months of 2023.

Total assets under management edged up by 1.2% to reach £746.3bn.

AuM in the Asset Management arm rose by 2.7% to £532.2bn, alongside a 3% rise at Wealth Management.

However, at its joint-ventures and associates on the other hand, AuM fell by 6.5% to £113.1bn.