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