October 15, 2018 / 9:14 AM / a month ago

Schroders Q3 assets under management up 0.7 pct

LONDON, Oct 15 (Reuters) - British investment manager Schroders on Monday posted a 0.7 percent increase in third-quarter assets under management, as growth in institutional assets more than offset a fall in those managed for retail clients.

Total assets under management at the end of September were 439.1 billion pounds ($576.89 billion), up from 435.7 billion pounds at the start of the year, it said in a statement. ($1 = 0.7612 pounds) (Reporting by Simon Jessop, editing by Maiya Keidan)

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