Schroders posts 'resilient performance' despite 'market headwinds'

Profits down as a result of restructuring costs but assets under management up by 2%

clock • 3 min read
Peter Harrison is group CEO of Schroders.
Image:

Peter Harrison is group CEO of Schroders.

Schroders has reported hits to both its net operating revenue and operating profits for 2023, due to “headwinds” in the market.

In the firm's results for the year ended 31 December 2023 published today (29 February), it posted £2.33bn net operating revenue - down from £2.36bn in 2022 - and £661m in operating profit, a decre...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Mansion House speech: What does it mean for the investment and pension landscape?
Investment

Mansion House speech: What does it mean for the investment and pension landscape?

Focus on private markets opportunities

Cristian Angeloni
Cristian Angeloni
clock 22 November 2024 • 1 min read
Sustainable and impact briefs to make up half of private market portfolios in next two years
Investment

Sustainable and impact briefs to make up half of private market portfolios in next two years

Asset owners say they can achieve better social and environmental outcomes through private markets

Jonathan Stapleton
Jonathan Stapleton
clock 21 November 2024 • 3 min read
Liquid alternatives can increase scheme resilience, Aon says
Investment

Liquid alternatives can increase scheme resilience, Aon says

Firm says these assets can help UK schemes improve portfolio resilience while generating returns

Jasmine Urquhart
Jasmine Urquhart
clock 21 November 2024 • 2 min read
Trustpilot