Schroders assets jump as inflows top £8.4bn Schroders Asset manager Schroders notched a jump in the value of its managed assets in the first half of the year as strong inflows helped buck sharp falls in equity and bond markets.
Schroders snaps up stake in digital asset manager in ‘tokenisation’ push Tokenisation Asset management giant Schroders announced it had snapped up a minority stake in digital asset manager Forteus today as it explores the potential of offering tokenised funds to investors.
The bear market story and what next – in six charts It’s been the worst start to a year for markets since the Great Depression. We tell the story so far in six charts. Like a bear with a sore head, many investors probably wish they had stayed in hibernation in 2022. It has been a brutal year so far, the worst since the Great Depression [...]
Schroders opposes £1.2bn takeover of railway giant FirstGroup by US private equity firm June 5, 2022 Transport giant FirstGroup is facing a shareholder rebellion from Schroders over a proposed £1.2bn takeover bid from a US private equity firm. Schroders, FirstGroup’s biggest shareholder with a nearly 18 per cent stake, called I Squared Capital’s offer “unattractive”, adding that the figure failed to reflect FirstGroup’s weight in the UK’s railway sector. FirstGroup [...]
Schroders Solutions to oversee investments for Centrica’s £10bn pension schemes April 5, 2022 Centrica, the company behind British Gas, has appointed City asset managing giant Schroders Solutions to oversee investments for its £10bn pension schemes. Centrica’s trustees chair Allan Whalley said Schroders Solutions was chosen after a “thorough selection process” and will help “deliver security” for Centrica’s pension scheme members. Acting as outsourced chief investment officer (OCIO), Schroders [...]
London clings on to crown as top global city, according to Schroders index March 29, 2022 London remains top of a closely-watched global cities index compiled by asset manager Schroders. The capital ranked top in the index for innovation, reflecting its status as the home of more ‘unicorn’ companies than much of the rest of Europe combined and the fact it is home to some of the world’s leading universities. London [...]
Schroders to splash £360m on controlling stake of renewable investment manager December 15, 2021 Schroders is reportedly looking to splash £360m on a renewable energy investment group amid the global transition to net zero. The asset manager is looking to by a controlling stake of Greencoat Capital, a 75 per cent share, which would significantly strengthen Schroders’ green offering, Sky News’ Mark Kleinman first reported. The deal, which will [...]
Schroders in talks to acquire River & Mercantile in £230m deal October 25, 2021 Asset management firm Schroders is reportedly in talks to buy River and Mercantile Group’s solutions business, Sky News reported. The deal – which will take Schroders’ assets to £750bn – will be worth around £230m, sources told Sky News’ Mark Kleinman, and could be announced as soon as Tuesday morning. Managing £43bn worth of assets, [...]
Schroders and Segro strike £345m industrial swap deal for seven warehouses October 4, 2021 Schroders’ UK Real Estate Fund said this morning it has completed a significant swap deal with Segro which involves seven industrial assets based across the UK. The recently completed transaction consisted of the sale of Matrix Park, in Park Royal London and a £65m capital payment in exchange for the simultaneous purchase of a portfolio [...]
Dozens of UK’s biggest investment houses fall short of new ESG standard September 6, 2021 Some of the UK’s biggest names in investment have failed to meet a new ESG standard for investing for savers and pensioners, including Schroders, Morgan Stanley and Rothschild. In a new list published by The Financial Reporting Council (FRC) today, asset managers, pension schemes and insurers who successfully met a revised UK stewardship code were [...]