Schroders posts small Q1 increase in total AuM
Schroders
353.40p
16:40 26/04/24
1.79%
6.20p
Schroders saw its assets under management edge higher at the start of 2021.
Financial Services
14,051.23
16:59 26/04/24
0.59%
81.87
FTSE 100
8,139.83
17:09 26/04/24
n/a
n/a
FTSE 350
4,470.09
16:59 26/04/24
n/a
n/a
FTSE All-Share
4,423.59
17:14 26/04/24
n/a
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For the three months ending on 31 March, the fund manager posted a 1.4% rise in its total assets under management versus a year ago to reach £672bn.
The improvement within Asset Management centred on its mutual funds unit, which reported an increase AuM from £159.8bn to £109.8bn, and its institutional unit, where they rose from £159.8bn to £163.0bn.
Wealth Management also sported an increase in total AuM, from £72.0bn to £72.8bn.