Schroders has increased its institutional assets under management (AUM) by 13% helped by the purchase of US manager STW, its interim results show.
In the six months to June, the asset manager's institutional AUM rose by £16bn to £139.6bn, with £7.1 attributable to the completed purchase of STW, a US fixed income manager. The company comple...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
