Schroders saw no net new business in its asset management division in the first half of 2018 due to outflows from the intermediary arm.
In its results for the six months to 30 June, the firm said AUM in the asset management division fell slightly from £389.8bn at the end of 2017, to £389.3bn. Gross inflows of £48.9bn from institutional...
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Up from 14% in 2017