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Schroders


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UK Stocks-Factors to watch on Sept 10

UPDATE 1-UK Stocks-Factors to watch on Sept 10 Updates futures and adds new items Sept 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futures down 0.5%. * ABRDN: Asset manager Abrdn ABDN.L named interim boss Jason Windsor as its new chief executive officer on Tuesday, formally handing the ex-Aviva AV.L executive the task of rebooting its finances and performance.
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UK fund firms Schroders and abrdn name new CEOs to reboot ailing fortunes

WRAPUP 3-UK fund firms Schroders and abrdn name new CEOs to reboot ailing fortunes By Sinead Cruise LONDON, Sept 10 (Reuters) - UK fund managers Schroders SDR.L and abrdn ABDN.L named new CEOs on Tuesday, appointing insiders to reboot performance at firms running nearly 1.3 trillion pounds ($1.7 trillion) in assets against a backdrop of skittish investor sentiment and industry-wide pressure on fees.
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Schroders Appoints Richard Oldfield As Group CEO

BRIEF-Schroders Appoints Richard Oldfield As Group CEO Sept 10 (Reuters) - Schroders PLC SDR.L : SCHRODERS PLC - APPOINTMENT OF GROUP CHIEF EXECUTIVE SCHRODERS: SCHRODERS PLC APPOINTS RICHARD OLDFIELD AS GROUP CHIEF EXECUTIVE SCHRODERS PLC - APPOINTS RICHARD OLDFIELD AS GROUP CHIEF EXECUTIVE SCHRODERS PLC - PETER HARRISON TO STEP DOWN AS GROUP CHIE
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UK's Schroders names new CEO

UK's Schroders names new CEO Sept 10 (Reuters) - British fund manager Schroders SDR.L has named insider Richard Oldfield as its new chief executive to succeed Peter Harrison in November, it said on Tuesday. Reporting by Yamini Kalia in Bengaluru; Editing by Sonia Cheema
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UK's Schroders to name CFO Richard Oldfield as next chief executive, FT reports

UPDATE 1-UK's Schroders to name CFO Richard Oldfield as next chief executive, FT reports Adds details from FT report in paragraph 2 Sept 5 (Reuters) - British fund manager Schroders SDR.L plans to appoint Chief Financial Officer Richard Oldfield as its next chief executive, the Financial Times reported on Thursday. Oldfield, who joined Schroders from PricewaterhouseCoopers last October, is lined up to take the top job when Peter Harrison retires next year, the report said, citing people familiar
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UK's Schroders to name CFO Richard Oldfield as next chief executive, FT reports

UK's Schroders to name CFO Richard Oldfield as next chief executive, FT reports Sept 5 (Reuters) - British fund manager Schroders SDR.L plans to appoint Chief Financial Officer Richard Oldfield as its next chief executive, the Financial Times reported on Thursday. Reporting by Radhika Anilkumar in Bengaluru;
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Schroders Plans To Appoint Chief Financial Officer Richard Oldfield As Its Next Chief Executive- FT

BRIEF-Schroders Plans To Appoint Chief Financial Officer Richard Oldfield As Its Next Chief Executive- FT Sept 5 (Reuters) - SCHRODERS PLANS TO APPOINT CHIEF FINANCIAL OFFICER RICHARD OLDFIELD AS ITS NEXT CHIEF EXECUTIVE- FT Source text: https://tinyurl.com/2a7rfl4g Further company coverage: SDR.L
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UK Stocks-Factors to watch on Aug 22

UPDATE 1-UK Stocks-Factors to watch on Aug 22 Adds new items, updates futures Aug 22 - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.1%. * JD SPORTS: British sportswear retailer JD Sports Fashion JD.L reported a 2.4% rise in second-quarter underlying sales, an improvement on the previous quarter, but said it was cautious on its outlook for the rest of the year with the overall market remaining volatile.
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UK Stocks-Factors to watch on Aug 22

UK Stocks-Factors to watch on Aug 22 Aug 22 - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.2%. * OIL: A sharp sell-off in crude oil paused after expectations of a rate cut by the Federal Reserve offset a bunch of weak economic data from the world's two largest economies, the United States and China. * GOLD: Gold prices fell , retreating from all-time highs hit earlier this week, as the U.S.
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BNP Paribas swoop on AXA fund business fuels hopes for more deals

RPT-ANALYSIS-BNP Paribas swoop on AXA fund business fuels hopes for more deals Repeats story published on Aug. 2 with no change to text. By Mathieu Rosemain, Andres Gonzalez and Iain Withers PARIS/LONDON, Aug 2 (Reuters) - BNP Paribas' BNPP.PA talks to buy the investment business of insurer AXA AXAF.PA will trigger more deals, bankers say, as European money managers seek to fend off U.S.
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BNP Paribas swoop on AXA fund business fuels hopes for more deals

RPT-ANALYSIS-BNP Paribas swoop on AXA fund business fuels hopes for more deals Repeats story published on Aug. 2 with no change to text. By Mathieu Rosemain, Andres Gonzalez and Iain Withers PARIS/LONDON, Aug 2 (Reuters) - BNP Paribas' BNPP.PA talks to buy the investment business of insurer AXA AXAF.PA will trigger more deals, bankers say, as European money managers seek to fend off U.S.
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BNP Paribas swoop on AXA fund business fuels hopes for more deals

ANALYSIS-BNP Paribas swoop on AXA fund business fuels hopes for more deals Updates to add graphic By Mathieu Rosemain, Andres Gonzalez and Iain Withers PARIS/LONDON, Aug 2 (Reuters) - BNP Paribas' BNPP.PA talks to buy the investment business of insurer AXA AXAF.PA will trigger more deals, bankers say, as European money managers seek to fend off U.S. rivals and as customers demand cheap technology-driven investing.
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BNP Paribas swoop on AXA fund business fuels hopes for more deals

ANALYSIS-BNP Paribas swoop on AXA fund business fuels hopes for more deals By Mathieu Rosemain, Andres Gonzalez and Iain Withers PARIS/LONDON, Aug 2 (Reuters) - BNP Paribas' BNPP.PA talks to buy the investment business of insurer AXA AXAF.PA will trigger more deals, bankers say, as European money managers seek to fend off U.S. rivals and as customers demand cheap technology-driven investing.
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UK fund manager Schroders slumps after profit miss

BUZZ-UK fund manager Schroders slumps after profit miss ** Shares of British fund manager Schroders SDR.L drop 7.9% to 361.8p; the biggest loser in FTSE 100 Index .FTSE ** Schroders misses profit forecasts and flagged pressure on its margins ** Schroders stock on track for biggest one-day pct fall since March 2020, if losses hold ** Stock is down ~
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Schroders shares slide as fee pressure leads to profit miss

UPDATE 3-Schroders shares slide as fee pressure leads to profit miss Adds CEO comments, context, updates shares By Iain Withers LONDON, Aug 1 (Reuters) - British fund manager Schroders SDR.L missed profit forecasts and flagged pressure on its margins in half-year results on Thursday, sending its shares sharply lower despite reporting record assets.
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Schroders Posts HY Oper Profit 315 Mln Stg

BRIEF-Schroders Posts HY Oper Profit 315 Mln Stg Aug 1 (Reuters) - Schroders PLC SDR.L : HY ASSETS UNDER MANAGEMENT (AUM) INCLUDING JOINT VENTURES AND ASSOCIATES REACHED A NEW HIGH OF £773.7 BILLION WILL REMAIN FOCUSED ON DELIVERING STRONG INVESTMENT OUTCOMES FOR CLIENTS HY OPERATING PROFIT WAS £315.0 MILLION HY NET OPERATING INCOME GBP 1,175.2 M
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UK Stocks-Factors to watch on August 1

UPDATE 1-UK Stocks-Factors to watch on August 1 Adds new items, updates futures Aug 1 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.3%. * SHELL: Shell SHEL.L reported a 19% quarter-on-quarter drop in profit to $6.3 billion, reflecting weaker refining margins and oil and gas trading, though still beat analysts' forecasts.
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Schroders misses half-year profit forecasts on fee pressure

CORRECTED-UPDATE 1-Schroders misses half-year profit forecasts on fee pressure Corrects to show profit fall to 315 million from 341.4 million pounds (not to 314.4 million from 315 million), in paragraph 2 LONDON, Aug 1 (Reuters) - British fund manager Schroders SDR.L missed profit forecasts and flagged pressure on its margins in half-year results on Thursday, despite reporting record assets as improved markets boosted its funds.
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Schroders reports record assets but flags pressure on fees

Schroders reports record assets but flags pressure on fees LONDON, Aug 1 (Reuters) - British fund manager Schroders SDR.L reported record assets under management of 773.7 billion pounds ($993.5 billion) on Thursday, but reported mixed results for the first half of the year with subdued flows and pressure on its fees. Schroders said net inflows of client cash for the six-month period amounted to 3.9 billion pounds but, stripping out joint ventures, it saw 3.9 billion pounds of outflows.
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UK Stocks-Factors to watch on August 1

UK Stocks-Factors to watch on August 1 Aug 1 - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.3%. * INTEREST RATES: The Bank of England looks in a position to cut interest rates on Thursday after holding them at a 16-year high of 5.25% for the past year, though markets and economists are far from certain the British central bank will take the plunge.
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