View more on these topics

Schroders doubles retail inflows to £5.1bn

Schroders has reported a near doubling in retail fund flows in the first half of the 2010, compared with the first six months of 2009.

In its half-yearly results published today the group reported net retail inflows of £5.1 billion, up from £2.5 billion in the first half of 2009.

Net institutional inflows meanwhile totalled £9.8 billion in the first half of the year, up from the £ 0.8 billion reported in the first half
of last year.

The group reported a total profit, before tax, of £188.2m, up from the £36.3m profit reported in the same period last year.

More to follow

Recommended

FTSE 100 firms make record contributions to DB schemes

FTSE 100 companies boosted their annual spending on final salary pension schemes to £17.5bn last year, up from £11.7bn in 2008. According to consulting actuaries LCP, the injection cut the cumulative FTSE 100 pension deficit by about a half to £51bn at the end of last month. It says increases in asset values following strong […]

9

Former Edward Jones clients hit out at Towry transfer charges

Former Edward Jones clients are complaining that Towry has started applying transfer charges for those leaving the firm, although Towry insists the charges were always written into EJ’s terms and conditions. Money Marketing revealed last month that disgruntled former Edward Jones clients had launched a petition calling on the Government to force the FSA to […]

Martin Foden discusses how convenience is affecting the construction of fixed income portfolios

In this short video, Martin Foden, head of credit research at Royal London Asset Management, discusses how convenience is affecting the construction of fixed income portfolios. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com