schroders

Barclays shares are 3% lower in early trading despite posting profits of almost £4bn in the first half.

Schroders posted a £1.8bn net retail inflow in the second quarter of the year, helping to propel its first half net retail sales to £5.1bn.

Mark Lyttleton has built up short positions in Schroders and Aberdeen in his £2bn BlackRock UK Absolute Alpha fund.

Schroders head of global equities Virginie Maisonneuve believes the US economy is in a volatile state between weak macro data and strong corporate results.

London's top stocks have given up some of yesterday's triple-digit gains in early trading, with the FTSE 100 down 0.72%.

Schroders' Nick Gartside has switched from inflation-linked to nominal US treasuries in his £316.7m Strategic Bond fund as the market continues to be "fixated on deflation".

Fund groups have warned the RDR will lead to increased volatility in fund flows and a greater share of assets going to a handful of the larger asset managers.

Schroders, the largest shareholder in Dana Petroleum, has urged the oil group to consider a £1.7bn possible offer from the Korea National Oil Company.

THE BIG INTERVIEW

Schroders takes an in-depth look at the US financial reform and explains why it is likely to result in a stable banking and financial system.