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United Kingdom

Schroders PLC (SDR.L)

SDR.L on London Stock Exchange

3,111.00GBp
4:50pm BST
Change (% chg)

-14.00 (-0.45%)
Prev Close
3,125.00
Open
3,114.00
Day's High
3,127.00
Day's Low
3,095.00
Volume
434,757
Avg. Vol
394,802
52-wk High
3,226.00
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Thu, Aug 1 2019

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Schroders first-half pretax profit down 14% as outflows hit revenues

LONDON British asset manager Schroders said pretax profits fell 14% in the first half, hit by weak markets at the start of the year and outflows of client cash.

UPDATE 1-Schroders H1 pretax profit down 14% as outflows hit revenues

* 'Risk-off' sentiment strong in retail equity funds (Adds detail from statement, quote, bullet points)

Schroders H1 pretax profit down 14% as outflows hit revenues

LONDON, Aug 1 British asset manager Schroders said pretax profits fell 14% in the first half of the year, hit by weaker market sentiment and outflows of client cash.

Asset manager Schroders acquires majority stake in BlueOrchard

British asset manager Schroders Plc said on Friday it has agreed to acquire a majority stake in Swiss impact investor BlueOrchard Finance Ltd for an undisclosed sum.

Asset manager Schroders acquires majority stake in BlueOrchard

British asset manager Schroders Plc said on Friday it has agreed to acquire a majority stake in Swiss impact investor BlueOrchard Finance Ltd for an undisclosed sum.

UPDATE 1-Asset manager Schroders acquires majority stake in BlueOrchard

July 26 British asset manager Schroders Plc said on Friday it has agreed to acquire a majority stake in Swiss impact investor BlueOrchard Finance Ltd for an undisclosed sum.

Asset manager Schroders acquires majority stake in BlueOrchard

July 26 British asset manager Schroders Plc said on Friday it has agreed to acquire a majority stake in impact investor BlueOrchard for an undisclosed sum.

BRIEF-Schroders Raises Its Stake In Secquaero Advisors AG From 50.1% To 100%

* REINFORCES ITS PRIVATE ASSETS BUSINESS BY INCREASING ITS STAKE IN SECQUAERO ADVISORS AG (SECQUAERO) FROM 50.1% TO 100% Source text for Eikon: Further company coverage:

BUZZ-Schroders: Canaccord sees more acquisitions in North America

** Canaccord Genuity raises co's price target to 3,165 pence from 2,637 pence

BRIEF-Schroders Says Buys German Real Estate Company Blue Asset Management

* PORTFOLIO CONSISTS OF COMMERCIAL, RESIDENTIAL PROPERTIES Source text for Eikon: Further company coverage: (Reporting By Simon Jessop)

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