Schroders hits fresh AUM high as wealth and private markets drive growth

Growth seen despite performance fee pressures

Valeria Martinez
clock • 2 min read
Schroders CEO Peter Harrison
Image:

Schroders CEO Peter Harrison

Schroders hit a fresh assets under management high in the first half of 2024, buoyed by growth in its wealth management and private markets units despite grappling with performance fee pressures.

In its half-year results published today (1 August), the FTSE 100 firm reported AUM including joint ventures and associates was up 6.1% from the same period last year to £773.7bn. This was drive...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Valeria Martinez
Author spotlight

Valeria Martinez

News Editor at Investment Week

More on Industry

Pre-Budget pension tax speculation could be 'damaging' to outcomes

Pre-Budget pension tax speculation could be 'damaging' to outcomes

Conjecture driving savers to withdraw ‘excessive funds’

Jenna Brown
clock 07 October 2024 • 3 min read
Yorkshire Inclusive Pensions Professionals group to launch

Yorkshire Inclusive Pensions Professionals group to launch

Network will aim to increase awareness and visibility of diversity within pensions industry

Jonathan Stapleton
clock 04 October 2024 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Royal London enters BPA market, TPR report, two risk reduction deals, and Enplan adds scheme to consolidation platform

Professional Pensions
clock 04 October 2024 • 1 min read
Trustpilot