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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

Proactive

Schroders (LSE:SDR) PLC saw assets under management (AuM) rise to £716.9bn in the third quarter from £700.4bn at the end of June.

The bulk of the growth came from joint ventures and associate companies where AuM jumped to £111.4bn from £98.0bn, the asset management firm revealed in a brief update.