LGIM profits and AUM slide as rate hikes take a toll
The firm reported operating profit of £142m for the first half
AUM
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Schroders assets dip but profits hold firm despite ‘ongoing industry headwinds’
‘Strategic rebalancing’ towards higher growth and increased longevity areas
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Ninety One company results: Pre-tax profit falls 20% amid ‘challenging’ year
Assets under management fell by 10%