Company
Schroders PLC
LON:SDR
Schroders PLC is an asset management company. The segments of the company are Asset Management, Private Banking, Private Equity and Group. Asset Management comprises investment management, including advisory services, property, life company business and alternative assets.
92 stories
Schroders assets plunge due to LDI turmoil after mini-Budget
More than £20bn of the decline came from the firm's solutions business, which houses its so-called liability-driven investment strategies that typically use derivatives to help pension funds match their assets with their liabilities
More than £1bn of investor cash trapped in Russian stock market
JPMorgan, Danske Bank and Schroders among groups blocking withdrawals from funds with major exposure to Russia
Schroders bolsters green credentials with £358mln Greencoat acquisition
Greencoat is one of Europe's largest renewable infrastructure managers
Schroders confirms talks with Greencoat Capital
Schroders confirms it's in talks with Greencoat Capital
Schroders thanks JVs and associates for rise in assets under management
Assets under management at the end of September stood at £716.9bn, up from £700.4bn at the end of June
Greenwashing: UK firms to face crackdown next year
The Competition and Markets Authority will start a full review in early 2022
Investments and investor services
Schroders and JP Morgan Asset Management miss out on regulator's new 'greenwashing' code
The watchdog said it carried out a "rigorous review process" that considered organisations' investment styles, sizes and types
Archive
India Stocks Advance as Nation Ramps Up Virus Control Steps
“We expect markets to look beyond the short term on cases peaking, vaccine approvals and expansion,” Amish Shah, an analyst at Bank of America Securities India said in a note on Tuesday. The stabilization of new cases in Maharashtra state,
Active versus passive funds - a two-minute explainer
A two-minute explainer on how index trackers and other such vehicles differ from actively managed funds
Schroders maintains dividend after slight fall in pre-tax profit
The pandemic continues to pose macro-economic uncertainty and will provide an environment that is favourable for active investment decision-making, Schroders said
Schroders sees asset growth slow in third quarter
Assets under management ended last month at £536.3bn, up 2% over the quarter
Tellworth British Recovery & Growth investment trust fails to raise enough interest
Two other UK focused funds are still looking to float and take advantage of the value in smaller companies trading in London
Schroders sustains dividend as assets under management rise to new high
Net inflows of £38.1bn were recorded in the first half, led by continued demand for the asset management arm’s strategies and in wealth management
Schroders helped by inflows of new money as markets tumble
Schroders is not seeking any government assistance globally, nor will it furlough any employees or enact any related redundancy programmes.
Schroders profits fall but inflows surge from Lloyds joint venture
The new joint venture with Lloyds Banking Group led to the creation of Schroders Personal Wealth and saw £12.6bn of client investments transferred over, with another £32bn inflow from the transfer of the Scottish Widows mandate
Investments and investor services
Schroders, SLA and other asset managers “too slow to adapt to trends”
Citigroup analysts predict the winners will be “those with scale, niche focus, or strong captive distribution networks”, qualities which they do not see in the UK names
Schroders' update suggests “muted net flows”, says Shore Capital
The broker reiterated the “hold” recommendation, saying it will be changed only if Schroders falls to “extreme valuation levels”
Archive
Last 'super Thursday' before Brexit as BoE, Shell and LSE updates eyed
On 1 August, other half-year updates include British American Tobacco, Barclays, Standard Chartered and Capita
Archive
Severn Trent to kick off water sector updates on Tuesday; retailers also in focus
The Day Ahead will bring trading updates from the likes of stores groups Halfords, Topps Tiles, and WH Smith
Schroders performance picks up as governance comes under fire at AGM
US corporate governance firm Glass Lewis has urged shareholders to vote against the appointment of Leonie Schroder
Archive
FTSE 100 closes in the red after BoE keeps interest rates on hold
The UK blue-chip index finished down nearly 34 at 7,351, while its mid-cap cousin FTSE 250 lost over 127 points
Archive
Bank of England rates decision to take macro spotlight on ‘Super Thursday’
On the corporate front there will be another big batch of blue-chip updates to digest, notably from oil major Shell and banking giant Lloyds
Archive
Blue chips to swerve Thursday’s Brexit fall-out, small caps will be in spotlight
IGas and Gulf Keystone are on the agenda, meanwhile Brexit will likely be a talking point for Eddie Stobart Logistics.
Schroders' 2018 profits fall as assets under management, fee income drop, impacted by weaker markets
For the year ended December 31, the FTSE 100-listed fund manager reported a 5% fall in pre-tax profit before exceptional items to £761.2mln, down from £800.3mln a year earlier
Lloyds the biggest mortgage lender but competitive pressures could bite
Margins will be a key area of focus for investors assessing the third quarter results of Lloyds on Thursday
Lloyds and Schroders confirm plan to create financial planning joint venture
Lloyds and Schroders hope the financial planning business will become one of the UK’s top three within five years.
Schroders posts increase in third quarter assets, led by institutional demand
The recent performance of assets managers has been mixed as Brexit uncertainty and concerns global trade and political tensions weigh on investor sentiment
Investments and investor services
FTSE 100 closes positively as PM Theresa May says gov't is working towards a good Brexit deal
Britain's blue-chip benchmark finished up around 31 points at 7,029
Berenberg analysts like the look of a possible Schroders-Lloyds tie-up
“We believe both aspects of the deal bring strategic benefits to Schroders. At the very least, it demonstrates a corporate dynamism not previously associated with Schroders”
Lloyds in talks to merge wealth-management arm into joint venture with Schroders
The UK's largest high street bank is expected to announce details of the potential deal later in October
Investments and investor services
FTSE 100 closes firmly in red as Italy causes jitters
In the currency markets, sterling is around flat against the Euro and down 0.43% against the US dollar.
Unilever withdraws plans to scrap dual listing and relocate out of UK
The FTSE 100-consumer goods giant said the proposal had “not received support from a significant group of shareholders” after it outlined the plans in September
FTSE 100 closes sharply lower as sterling gains and miners weigh
The UK blue - chip index finished down 99.8 points at 7,318, while FTSE 250 was also lower
Unilever downgraded to ‘hold’ by Jefferies as storm clouds gather on single listing and emerging markets
In a note to clients, Jefferies’ analysts said while the potential shift was a point of regret, the listing controversy was “a relative sideshow” with other near-term risks approaching
Investments and investor services
Lloyds and HSBC go ex-div, but has the BBQ summer saved Kingfisher’s first half?
Investors in the B&Q owner will be hoping for a BBQ boost sufficient to offset the springtime freeze.
Archive
Heatwave should provide a lift for BBQ and garden products at retailer Kingfisher
Aside from the DIY retailer's numbers, the Week Ahead diary includes updates from miner Antofagasta, and motor insurers Admiral and esure, plus a raft of key UK data
Schroders reports higher profits but shares fall as assets under management miss forecasts
Schroders said it delivered robust revenue growth against a "challenging backdrop"
FTSE 100 keeps head above water at close: Facebook in focus
The Nasdaq on Wall Street is down over 88 points at the time of writing, at 7,420.
Archive
Blue-chip deluge on Thursday with Royal Dutch Shell, AstraZeneca and Diageo (and more) set to report
Three of the 10 largest London-listed companies (by capitalisation) are updating the market on Thursday. A dozen or more other household names are also expected to report.
Schroders downgraded as tailwinds look set to peter out
Rising equity markets, accommodative central banks and kindly foreign exchange movements have all served to boost the performance of the asset manager and may have disguised any underlying decline in pricing
Schroders reports quarterly decline in funds under management
Schroders said total assets fell to £438.1bn at the end of March from £447mln at January 1
Investments and investor services
FTSE 100 plunges 1.23% to below 7,000 after BoE rate decision
In the currency markets, the pound is up 0.13% against the Euro, but down 0.20% against the US dollar.
Investments and investor services
Genel Energy and Ted Baker in the spotlight ahead of Thursday’s results
The Kurdistan oil and gas business releases its results on Thursday, while investors will be hoping to see continued momentum for the fashion retailer.
Schroders posts strong full-year results, boosted by market gains, acquisitions, fund inflows
The blue-chip fund manager reported a 23% jump in 2017 pre-tax profit to £760.2mln, up from £618.1mln and above the consensus forecast for £728.5mln
FTSE 100 finishes a whisker from record high as BoE points to gradual rate hike
The FTSE 100 closed out Thursday up around 67 points at 7,555.
Can Shell get as good a reaction as BP Plc when it reports on Thursday?
Shell is due to release interim results on Thursday, but, will there be much to shout about.
Archive
Interest rate decisions in the UK and US could spook investors in Halloween week
Week ahead includes interest rate decisions from the Bank of England and the US Federal Reserve, as well as updates from HSBC, BT, Next, BP, and Royal Dutch Shell
Schroders achieves record assets under management in third quarter
Assets under management and administration rose 9% to £430bn in the first nine months of the year
Archive
UK inflation and jobs data to show real wages remain under pressure
The Week Ahead includes economic data on UK jobs, inflation and retail sales along with full year results from ASOS and Bellway and trading updates from Travis Perkins, Merlin Entertainments, Unilever and Intercontinental Hotels Group
EU recovery underpins Schroders European Real Estate
“The outlook for Europe is best I’ve seen since I’ve been working in the [European property] sector,”
Schroders downgraded by Numis Securities to 'hold' on impact of new EU regulations on research payments
The City broker was assessing the net effect of MIFID II, which will be enacted next year and essentially means businesses such as Schroders have to pay for sell-side research
Schroders receives Macquarie upgrade after better-than-expected first half and action on regulatory issues
Macquarie has raised its rating on Schroders to ‘neutral’ from ‘underperform’ and lifted its target price to 3,140p from 2,710p
What’s in store for Kingfisher investors on Thursday?
The B&Q owner's French business has overshadowed recent decent performances, will it blight the next figures?
Archive
FTSE 100 closes nine points lower as AstraZeneca weighs
It's been a busy day here in London; 15% of FTSE 100-listed companies have had some sort of meaningful news out...
Archive
Lloyds to report strong quarterly figures in first results since government sold remaining stake
Lloyds Banking Group and Royal Dutch Shell are among a slew of companies reporting earnings on Thursday
Investments and investor services
FTSE 100 closes 19 ahead with miners in support
The top-shares index pushed on again in the afternoon session despite an indifferent showing on Wall Street
Fund manager Schroders weak as RBC Capital cuts its stance to 'sector perform'
RBC’s analysts also reduced their target price for Schroders to 3,300p from 3,400p having cut their earnings per share estimates by 3% for 2107 and by 2% for 2018
FTSE shares end flat, give back record peaks, except Vesuvius
FTSE 100 stocks ends flat on Thursday after falling back from a fresh record high as shares in outsourcing group Capita slumped 9%
Investments and investor services
Can Cobham avoid a sixth profit warning when it releases full year results?
Cobham, Sportech, Travis Perkins, Capita and GoCompare are among the names on Thursday's list.
FTSE 100 dragged lower by banks and oil
FTSE 100 stocks fell on Monday, dragged down by bank worried about a vote in Italy and oil investors fretting over OPEC’s much-anticipated supply cut meeting this week
FTSE 100 pares losses after banks recover
FTSE 100 shares dug themselves out of a hole to close just softer on Friday after banks recovered from heavy falls on speculative reports that troubled Deutsche Bank's US fine may be reduced
UK shares close lower as oil and bank stocks sink
London shares closed lower on Tuesday after a session where it only briefly rose on the day, thanks to lower oil and bank stocks
London shares recover thanks to financials
London shares recovered to close firm on Friday, after a session most spent in negative territory, after a strong performance from financial stocks, especially bank Barclays
PREVIEW: Investors look for signs of synergies from Shell's acquisition of BG
To misquote Prince, it’s just another frantic Thursday with around one-sixth of the FTSE 100 companies set to update the market.
Hermes slams boardroom pay deals at Tullow Oil, Weir Group and Shire
Fund manager opposes Shire's plans to hike the salary of chief executive Flemming Ornskov by a quarter
PREVIEW; GameAccount Network needs more landmark deals
Other companies reporting include Lloyds Banking, Taylor Wimpey and WPP
Archive
Aggreko PLC downgraded to sell by UBS
New partners for the renewable power group’s tidal projects, offshore Scotland, bring both credibility and cash to the venture, says Peel Hunt which upgraded the AIM share to ‘buy’.
FTSE 100 on course to set new high for 2016
Metals prices are on the up taking mining stocks with them
FTSE 100's advance driven by miners
Miners were doing much of the heavy listing in early trading
Risers and Fallers: Condor Gold, Monitise, Amec Foster, Caza Oil...
Major share price risers and fallers in London at 4.00pm
Thursday's agenda: Top-line disappointment in store for Morrisons and Astra
Not much chance to catch your breath at 7.00am on Thursday, with a cavalcade of company updates scheduled.
Archive
FTSE 100 storms back
Equities bounced back with asset managers among those basking in the welcome return to the sunshine.
Asset managers lead the Footsie's fight-back
The People’s Bank of China cut its main interest rate by from 4.85% to 4.6%, doing its bit to shore up confidence
Investments and investor services
London market rides crest of corporate results wave
Shares rise modestly as blue-chips flood market with updates
Archive
Thursday's agenda - More big cap results, including Rolls and BT
More results today on offer with some more big caps showing how much they are contributing to the UK's current growth trajectory. Lets start with a British stalwart - engineer Rolls Royce which posts second quarter earnings. It's been a tor
Investments and investor services
FTSE 100 falls 50 points as investors mull ramifications of Greek vote
A 50 point fall is rarely a good result but the general view after Greece's emphatic referendum vote yesterday was that it could have been worse.
Investments and investor services
FTSE 100 reduces losses after Greek shock
It's been a bad few days for travel companies, with the terrorist attack in Tunisia last week and the prospect of holidaymakers in Greece running out of cash.