• Home
  • News
    • People moves
    • Africa
    • Asia
    • Australia
    • Canada
    • Caribbean
    • Domicile
    • Europe
    • Latin America
    • North America
    • Middle East
    • US
    • US
    • UK
  • Products
    • Funds
    • Pensions
    • Platforms
    • Insurance
    • Investments
    • Private Banking
    • Citizenship
    • Taxation
  • Fintech
  • Regulation
  • ESG
  • Expats
  • In Depth
  • Special Reports
  • Directory
  • Video
  • Advertise with us
  • Directory
  • Events
  • European Fund Selector
  • Newsletters
  • Follow us
    • Twitter
    • LinkedIn
    • Newsletters
  • Advertise with us
  • Directory
  • Events
    • Upcoming events
      event logo
      Sustainable Investment Festival 2021

      The Sustainable Investment Festival will run online from 22-25 June and will include thought-provoking presentations from renowned keynote speakers, innovative breakout events and sessions specifically tailored to meet the information needs of fund selectors, financial advisers, pension consultants, trustees and scheme managers.

      • Date: 22 Jun 2021
      • Online, Online
      event logo
      International Investment Awards 2021

      The 22nd International Investment Awards will take place on 7th October 2021. The II Awards are the longest-running event of their kind and last year saw a record number of categories and entries.

      • Date: 07 Oct 2021
      • Online, Online
      View all events
  • European Fund Selector
International Investment
International Investment

Sponsored by

Sharing Alpha
  • Home
  • News
  • Products
  • Fintech
  • Regulation
  • ESG
  • Expats
  • In Depth
  • Special Reports
  • Video
  • Wealth management

Schroders' results show AuM at record high

Schroders' results show AuM at record high
  • Christopher Copper-Ind
  • @intlinvestment
  • 04 March 2021
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  
Schroders reported its assets under management (AuM) increased by 15% in 2020, up from £500.2bn in 2019, to rise to a record high of £574.4bn, in its annual results released this morning

Net income was, however, down YoY. Schroders' net inflows for the year dropped from £43.4bn in 2019 to £42.5bn.

The company posted a slight rise in pre-tax profit to £702.3m from £701.2m in 2019.

Schroders also reported its partnerships, notably in Asia, generated £12.4bn of net inflows which increased the total net flows to £54.9AuM including partnerships reached £663bn.

Related articles

  • Lloyds strategic partnership pushes Schroders 2019 inflows to record £43bn
  • Nucleus suspends dividend amid covid-19 uncertainty
  • ESG fund sales triple as active fund sales soar in December
  • St James's Place inflows hit £2.3bn in 'extraordinary' 4Q

In its outlook Schroders said: "The pandemic continues to pose macro-economic uncertainty and will provide an environment which is favourable for active investment decision-making,"

If you had offered me these results at the start of the crisis, I would have bitten your hand off."

Peter Harrison, group chief executive (pictured), commented: "The strength of our investment performance showcases the benefits of active investment management and our ability to deliver good outcomes for our clients. I would like to thank our employees for their hard work and ongoing dedication to our clients which helped us to deliver a strong financial performance in 2020 despite the challenging environment."

Harrison told Reuters: "If you had offered me these results at the start of the crisis, I would have bitten your hand off."

"What we saw was a broad-based performance across fixed income and equity - it was a great time for active managers," he added.

The company's shares were down 2% to £3.51 in early trading this morning in London.

Subscribe to International Investment's free daily newsletter

  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  
  • Topics
  • Wealth management
  • Schroders
  • Peter Harrison

More on Wealth management

Industry reacts to Archegos meltdown as global banks face billions in losses

  • Private Banking
  • 30 March 2021
More than half of UK adults now seeking financial advice: report

  • Wealth management
  • 15 March 2021
Aviva Investors' operating profits tumble 11% on lower fee income

  • Wealth management
  • 04 March 2021
Quilter launches redundancy support hub for client advice

  • Wealth management
  • 02 March 2021
Jupiter shakes off £4bn outflows as Merian deal drives AuM to record high

  • Wealth management
  • 26 February 2021
Back to Top

Most read

Pension lifetime allowance warning for clients with £500k already invested
Pension lifetime allowance warning for clients with £500k already invested
Dogecoin warning as Bank of England sets up digital currency taskforce
Dogecoin warning as Bank of England sets up digital currency taskforce
UK regulator bans financial adviser for dishonesty
UK regulator bans financial adviser for dishonesty
Singapore businessman Ng Yu Zhi faces more charges over alleged $740bn fraud
Singapore businessman Ng Yu Zhi faces more charges over alleged $740bn fraud
UK's HMRC extends deadline for 'one of the biggest tasks facing advisers'
UK's HMRC extends deadline for 'one of the biggest tasks facing advisers'
  • Contact Us
  • Marketing solutions
  • About Incisive Media
  • Terms and conditions
  • Policies
  • Careers
  • Twitter
  • LinkedIn
  • Newsletters

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017
Loading