Trio of Q4 acquisitions boost Schroders AUM 10%

clock • 1 min read

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. Schroders repurposes trio of funds to sustainable mandates  AUM in private and alternative assets incre...

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