Schroders Botham India could grow 5pc
Schroders is expecting a modest pickup in Indian growth, reaching 5% this year.
Schroders is expecting a modest pickup in Indian growth, reaching 5% this year.
Schroders Joanna Shatney said the biggest threat facing her next year was that of an external monetary policy mistake, with the proximity and importance of the election in Q3 likely to dampen the threat of any domestic political manoeuvring.
Schroders has registered a pre-tax profit rise of 31% to £350m in the nine months to end September, with assets under management climbing to £256.7bn.
Virginie Maisonneuve has decided to leave Schroders to join Pimco.
Schroders has launched a catastrophe bond fund on its Luxembourg Ucits platform to sit alongside its range of products aimed at giving investors easier access to hedge funds.
Schroders has launched an “unconstrained” fund investing across the Indian equity universe.
The manager of Smith & Williamson's European Growth Trust, Mark Pignatelli, is to retire from fund management and he will leave the group at the end of the year.
Schroders has established a new team in order to expand its relationships with banks, insurance companies, national IFA firms, platforms and wraps to be headed up by James Rainbow.
European funds are the best performers over 20 years, FE data shows, yet six times in the past 10 years Europe has been the worst selling retail sector, according to IMA statistics.
Schroders has launched GBP hedged unit classes for four of its UK funds in a bid to mitigate the currency effects of investing overseas.
The majority of asset managers polled in a recent survey have admitted they are still unclear about the requirements of the Foreign Accounts Tax Compliance Act (FATCA) despite the cut off period for compliance now less than six months away.
Cazenove Capital’s head of UK retail Rob Thorpe is leaving the business, the latest in a line of senior staff to leave the firm following its takeover by Schroders.