Powered by
Schroders upbeat despite net inflow slowdown
Mar 3, 2017 - SNL European Financials Daily

Investors marked U.K. fund manager Schroders Plc's shares lower after the release of annual results that showed a slowdown in annual net inflows on the back of sharp outflows in equities and wealth management.

Even so, Group CEO Peter Harrison struck a positive note during the company's earnings presentation, pointing to a more diversified business mix and an otherwise consistent performance.

"Diversification has consistently allowed us to grow profits and allowed us not to be too de

Sign up for unrestricted access to 200+ subscription services.
Already have an account? Click here to login.

RelSci News & Alerts gets you:

  • 5 free articles a month from top subscription outlets like the Financial Times, New York Times, and Washington Post
  • Competitive business intelligence through daily data updates
  • Custom feeds on target high-value individuals, companies, industries, and topics delivered straight to your inbox