Schroders’ AUM reaches new high but net outflows fall by £2.3bn
Group warned of Q4 £8bn outflow from legacy Scottish Widows mandate
Group warned of Q4 £8bn outflow from legacy Scottish Widows mandate
Regulator has accused the former hedge fund boss of a ‘lack of integrity’ in handling Odey Asset Management’s governance
CEO says company is ‘ideally positioned to seize growth opportunities’
Current deputy managing director Umberto Boccato will succeed Lionel Aeschlimann at the start of 2025
CEO Dan Olley said the business remains ‘as committed as ever’ to supporting clients
New UK, Hong Kong, Corporate and Institutional Banking, and International Wealth and Premier Banking businesses.
AJ Bell’s investments arm saw £1.5bn net inflows in the year to 30 September
$7bn withdrawal from a single client had been flagged in Man Group’s half-year results in July
The firm’s wealth management arm saw net outflows of £891m, while asset management achieved inflows of £67m
Gross flows for Q3 came in at £4.4bn, 20% higher than over the same period last year
Current CEO of private markets Laura Mason will take on the role as Bernie Hickman exits
Net outflows for Q1 stood at £0.1bn, representing 0.7% of funds under management