Trio of Q4 acquisitions boost Schroders AUM 10%

clock • 1 min read
Trio of Q4 acquisitions boost Schroders AUM 10%

2021's trio of acquisitions has boosted Schroders' assets under management by 10%, pushing the figure to £732b, up from £663bn last year, its annual results for last year have revealed.  Net new business grew to £35.3bn, at a rate of 5%, while profit before tax spiked 25% compared to 2020, climbing to £764.1m. The results reflect growth into private assets, according to the firm, as well as in alternatives and across its wealth management division and sustainability franchise. Schrod...

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