Summary
UK INVESTMENT firm Schroders said its first-half pre-tax profit rose by 7 per cent to GBP 132.3 million while assets fell, disappointing analysts and sending its shares down more than 7 per cent yesterday.
One of the oldest independent fund management firms in Britain, Schroders recorded a GBP 4.6 billion outflow from its institutional business in the first half of the year.See the full content of this document
Extract
Schroders Shares Drop As Assets Under Managment Slip
Its assets under management slipped to GBP 122.3b...
See the full content of this document
Sponsored links
