Schroders shares smash two-year high after surge in new business Wealth Wealth manager Schroders notched a two-year high on its stock price on Thursday morning after an influx of new business led to a major uptick in management fees. The FTSE 100 asset manager told markets it was expecting full-year operating profit to come in at £745m, up from £603m from the year prior. Shares rose [...]
FTSE giants urge Reeves to unlock more domestic capital for businesses Markets Over 250 companies across the London Stock Exchange have called on the Chancellor to do more to unlock domestic capital from pension funds for UK businesses to boost economic growth. In a letter to Rachel Reeves, signatories including asset manager Schroders and fashion giant Mulberry, warned that there is too little capital invested in the [...]
Lloyds banking group acquires remaining stake in Schroders personal wealth Lloyds Banking Group has completed the full acquisition of Schroders’ personal wealth arm, six years after the establishment of the unit. Lloyds acquired the remaining 49.9 per cent of Schroders Personal Wealth (SPW) from the asset manager, handing the bank sole control of the business. Lloyds noted the acquisition will support the group’s “ambition to [...]
Lloyds looks to take control of Schroders wealth tie-up October 2, 2025 Lloyds Banking Group is looking to ditch its wealth tie-up with Schroders and take control of the six-year old unit. The FTSE 100 titan is poised to buy out Schroders’ 49.9 per cent stake in Schroders Personal Wealth (SPW). The transaction would hand full control over to Lloyds as the bank sets out to expand [...]
Standard Life set to enhance pension exposure in private markets September 24, 2025 Pension provider Standard Life is set to launch a new fund with significant private market allocation, as it works to make investing in the private market more accessible for savers. The Future Opportunities fund aims to improve outcomes and boost returns by diversifying customer portfolios with exposure to quality private assets which could offer increased [...]
UK infrastructure funding set to break record highs September 8, 2025 UK infrastructure financing deals are on track to reach a record high this year as investors compete to secure assets while the government signs off on a number of major new projects. According to analysis from data provider Infralogic, roughly $38bn (£28.13bn) of debt was issued in the first eight months of this year on [...]
Hargreaves Lansdown and Schroders agree investment tie-up September 8, 2025 Hargreaves Lansdown and Schroders Capital have sealed a tie-up to open up private assets opportunities to thousands more investors. The partnership will offer access to private investments, known as long-term asset funds (LTAFs), to Hargreaves Lansdown’s customers via self-invested personal pensions (SIPPs). The new style pensions will allow retail investors to invest in private assets [...]
Schroders bounces back after weak performance July 31, 2025 Asset manager Schroders has rallied from a poor first quarter caused by tariff turmoil, through strategic investment in line with its three year transformation plan. Assets under management (AUM) remained stable at £776.6bn, down slightly from £778.7bn recorded the previous year, as improved performance and investment of £24bn was offset by foreign exchange movements due [...]
Reeves seeks to spark retail investor revolution July 15, 2025 High street banks Barclays and Lloyds will lead an advertising campaign to encourage more Brits into retail investing as part of a wider effort to get savers to boost the UK economy. In rallying calls to financial services, Chancellor Rachel Reeves has unveiled a campaign to encourage savers to invest in stocks and bonds, drawing [...]
No jobs in 30 years? UK tech leaders push back on Musk’s AI claims June 10, 2025 Elon Musk’s bleak prediction that “there’s not going to be any jobs for anyone” in 30 years has come under heavy fire from some of the UK’s leading AI figures at London Tech Week. Instead of sounding an alarm for mass unemployment, UK experts argued for transformation and a new focus on control over AI, [...]