Schroders posts 'resilient performance' despite 'market headwinds'

Profits down as a result of restructuring costs but assets under management up by 2%

clock • 3 min read
Peter Harrison is group CEO of Schroders.
Image:

Peter Harrison is group CEO of Schroders.

Schroders has reported hits to both its net operating revenue and operating profits for 2023, due to “headwinds” in the market.

In the firm's results for the year ended 31 December 2023 published today (29 February), it posted £2.33bn net operating revenue - down from £2.36bn in 2022 - and £661m in operating profit, a decre...

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