Lloyds, Schroders wealth talks keep the big prize in suspense

While Britain's Lloyds and Schroders discuss cooperation in wealth management, it's still unclear, if they'll secure management of the assets of Lloyds-owned Scottish Widows.

BY ROSS LARSEN, BLOOMBERG NEWS

Lloyds Banking Group Plc and Schroders Plc said they’re considering working together in managing wealth, but it remains to be seen whether the investment manager will win the big prize: a 109 billion-pound (EUR 142 billion) portfolio of the lender’s assets.

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Lloyds, Schroders wealth talks keep the big prize in suspense

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Front page now

AP2 teams up with think tank to identify deforestation exposure in global portfolios

Loss-making trading platform plans to delist

BlackRock: High number of US investors plan to increase allocation to green transition

Asset management giant in the wake of the crisis: Foreign investors are looking to the Nordics again

Nicolai Tangen is a huge fan of the Women in Finance Charter but stresses that promotions must be fair

Pension funds abandon dialogues with oil majors and divest shares

Analysis: Will Nordic investors take the lead in the battle of biodiversity?

Swedish asset manager kicks off new fund with leading Nordic institution

More than one third of managers do not report ESG violations to Varma, despite shared values

Danish FSA criticizes investment funds for inadequate evaluation between costs and returns

Despite predicting more losses, Alecta is prepared to increase Heimstaden investment

Startup bets wood can make wind turbines even greener

Further reading

Asset management giant in the wake of the crisis: Foreign investors are looking to the Nordics again

BlackRock: High number of US investors plan to increase allocation to green transition

Nordics show clear appetite for new asset classes, BlackRock survey reveals

AP2 teams up with think tank to identify deforestation exposure in global portfolios

Mandatum, Handelsbanken and Storebrand were the real winners of Q2

Loss-making trading platform plans to delist

Jobs