Schroders profits surge as assets hit record £868bn

City AM Published Jul 30, 2026 Reviewed Jul 31, 2026 ✓ Reviewed by citations.press editors

Schroders' profit before tax in the first half of the year rose to £396.8 million, up from £196.9 million the prior year.

396.8 million GBP · profit before tax Schroders, company

Schroders' assets under management increased by 12 percent to £867.8 billion in the first half of the year, up from £776.6 billion the prior year.

12 percent · AUM growth867.8 billion GBP · AUM776.6 billion GBP · AUM prior year Schroders, company

Schroders delivered over 98 percent of its planned £150 million in annualised cost savings.

more than 98 percent · cost savings delivered150 million GBP · planned cost savings Richard Oldfield, group chief executive

Schroders' gross inflows increased to £69.3 billion in the first half of the year, up from £68.2 billion the prior year.

69.3 billion GBP · gross inflows68.2 billion GBP · gross inflows prior year Schroders, company

Schroders' board declared an interim dividend of 7 pence per share, up from 6.5 pence the previous year.

7 pence per share · interim dividend6.5 pence per share · interim dividend prior year Schroders board, board

Schroders' shares fell 1 percent in early trading to 588 pence per share.

1 percent · share price change588 pence per share · share price Schroders, company

Schroders' stock has risen 44 percent this year to date.

44 percent · stock performance Schroders, company

Schroders' group net disposals reached £6.8 billion in the first half of the year.

6.8 billion GBP · net disposals Schroders, company

Schroders' public markets business experienced outflows of £11.7 billion in the first half of the year, compared to £0.5 billion the previous year.

11.7 billion GBP · public markets outflows0.5 billion GBP · public markets outflows prior year Schroders, company

Schroders' wealth management segment recorded inflows of £2.5 billion in the first half of the year.

2.5 billion GBP · wealth management inflows Schroders, company

Cazenove Capital contributed £2 billion to Schroders in the first half of the year, up from £1.4 billion the previous year.

2 billion GBP · Cazenove Capital contribution1.4 billion GBP · Cazenove Capital contribution prior year Schroders, company

Schroders' acquisition by Nuveen, valued at £9.9 billion, is expected to be completed in the final quarter of 2026.

9.9 billion GBP · acquisition value Schroders, company

Schroders said its profit nearly doubled in the first half of the year as assets under management hit a record high of £868bn.

The FTSE 100 money manager, which is in the process of being acquired by US funds group Nuveen, said assets under management (AUM) jumped 12 per cent to £867.8bn, up from £776.6bn the prior year.

The group credited the rise to improving client sentiment, coupled with “positive foreign exchange movements and investment performance”.

Profit before tax climbed to £396.8m from £196.9m, driven by its financial performance and lower portfolio simplification costs.

Richard Oldfield, group chief executive said: “Although markets will remain unpredictable, our focus will be on continued execution of our strategic priorities, delivering improved, sustainable growth, and we are excited about the future potential of the combined business.”

Oldfield said the group had delivered over 98 per cent of the company’s planned £150m in annualised cost savings and reduced the group’ adjusted cost to income ratio below 70 per cent.

Gross inflows inched up to £69.3bn from £68.2bn.

The board declared an interim dividend of 7p per share, up from 6.5p the previous year.

Shares fell 1 per cent in early trading to 588p per share. The stock is up 44 per cent this year to date, after news of its sale to US firm Nuveen sent shares rocketing in February.

Further AUM growth at Schroders was offset by both net disposals and outflows, primarily from its public markets division.

Group net disposals reached £6.8bn as the group continued to exit from selected geographies, including Brazil and Indonesia, and client services.

The public markets business suffered outflows of £11.7bn, compared to just £0.5bn the previous year. The business has faced significant pressure from market competitors who are offering low-cost passive alternatives while appetite for public channels was damaged by heightened market volatility during the end of the first quarter.

its wealth management segment recorded inflows of £2.5bn, broadly in line with the previous year.

Cazenove Capital contributed £2bn, compared to £1.4bn last year, reflecting growing interest in its core wealth management business.

Schroders’ £9.9bn acquisition by Nuveen is expected to be completed in the final quarter of 2026, subject to regulatory approval.

The group also “accelerated” its transformation programme, delivering over 98 per cent of its planned £150m annualised cost savings.

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