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Schroders posts small Q1 increase in total AuM
29th Apr 2021 07:54
(Sharecast News) - Schroders saw its assets under management edge higher at the start of 2021.
For the three months ending on 31 March, the fund manager posted a 1.4% rise in its total assets under management versus a year ago to reach £672bn.
The improvement within Asset Management centred on its mutual funds unit, which reported an increase AuM from £159.8bn to £109.8bn, and its institutional unit, where they rose from £159.8bn to £163.0bn.
Wealth Management also sported an increase in total AuM, from £72.0bn to £72.8bn.
For the three months ending on 31 March, the fund manager posted a 1.4% rise in its total assets under management versus a year ago to reach £672bn.
The improvement within Asset Management centred on its mutual funds unit, which reported an increase AuM from £159.8bn to £109.8bn, and its institutional unit, where they rose from £159.8bn to £163.0bn.
Wealth Management also sported an increase in total AuM, from £72.0bn to £72.8bn.