Schroders assets hit new high as investors pour in more cash

The UK-based manager saw its asset under management reach a new high in the first half of the year as investors poured in more cash into its funds despite sharp falls in equity and bond markets.

Peter Harrison, Group Chief Executive of Schroders. | Photo: Schroders PR.

By Loukia Gyftopoulou / BLOOMBERG

Published: 28.07.22 at 11:38

Schroders saw its asset under management reach a new high in the first half of the year as investors poured in more cash into its funds despite sharp falls in equity and bond markets.

Assets rose to GBP 773.4bnn (USD 942 billion) in the six-month period, the firm said in a statement Thursday, beating a consensus forecast of GBP 742bn by analysts polled by Bloomberg. The firm saw net inflows of GBP 8.4bn, by far beating analyst estimates of GBP 1.7bn.

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