AUM at Schroders still on the rise

Clients continued to put investment funds under the jurisdiction of asset manager Schroders during the third quarter, but the group is seeing a slowdown in Institutional flows.

Clients continued to put investment funds under the jurisdiction of asset manager Schroders during the third quarter, but the group is seeing a slowdown in Institutional flows.

Assets under management (AUM) at the end of September stood at £202.8bn, up from £194.6bn at the end of June, with a chunk of the gain down to net inflows of £2.6bn. The Institutional business saw net inflows in the third quarter of £1.9bn while Intermediary funds saw a net inflow of £0.8bn but Private Banking saw a net outflow of £0.1bn. For the first nine months of 2012, net inflows were £5.3bn (2011: £5.1bn).

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