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Schroders PLC (SDR.L)

SDR.L on London Stock Exchange

3,073.00GBp
12:00pm EDT
Change (% chg)

10.00 (+0.33%)
Prev Close
3,063.00
Open
3,031.00
Day's High
3,073.00
Day's Low
3,030.00
Volume
338,357
Avg. Vol
415,085
52-wk High
3,288.20
52-wk Low
2,289.00

Latest Key Developments (Source: Significant Developments)

Schroders Says Buys German Real Estate Company Blue Asset Management
Tuesday, 28 May 2019 09:03am EDT 

May 28 (Reuters) - Schroders PLC ::SAYS BUYS GERMAN REAL ESTATE COMPANY BLUE ASSET MANAGEMENT.BLUE AM MANAGES 1.2 BILLION EUROS OF ASSETS.PORTFOLIO CONSISTS OF COMMERCIAL, RESIDENTIAL PROPERTIES.  Full Article

Provident Financial Urges Shareholders To Take No Action To NSF Offer
Tuesday, 28 May 2019 02:01am EDT 

May 28 (Reuters) - Provident Financial Plc::PROVIDENT FIN.PLC. NON-STANDARD FIN - M&G STATEMENT REGARDING NSF'S UNSOLICITED OFFER.PROVIDENT FINANCIAL PLC - PROVIDENT HAS ALREADY RECEIVED AND SEEN STATEMENTS OF INTENT FROM SCHRODERS AND COLTRANE RESPECTIVELY.PROVIDENT FINANCIAL PLC - HOLDERS OF APPROXIMATELY 20.2 PER CENT. OF PROVIDENT SHARES HAVE PUBLICLY STATED THEY DO NOT INTEND TO ACCEPT NSF OFFER.PROVIDENT FINANCIAL PLC - URGES ITS SHAREHOLDERS TO TAKE NO ACTION IN RELATION TO NSF OFFER.  Full Article

Provident Financial Says Schroders Says In Letter It Would Not Be Accepting NSF's Offer For PFG
Wednesday, 8 May 2019 02:00am EDT 

May 8 (Reuters) - Provident Financial ::PUBLISHES LETTER SENT BY SCHRODERS TO CO'S CHAIRMAN ON TUESDAY REGARDING NSF'S UNSOLICITED OFFER.SCHRODERS SAID IN LETTER IT WOULD NOT BE ACCEPTING NSF'S OFFER FOR PFG.SCHRODERS SAID IN LETTER IT DOES NOT BELIEVE NSF'S OFFER IS "IN BEST INTEREST" OF PFG SHAREHOLDERS.SCHRODERS SAID INTEREST OF PFG SHAREHOLDERS WOULD BE BEST SERVED BY EXISTING MANAGEMENT CONTINUING TO EXECUTE ON RECOVERY PLANS.  Full Article

Schroders Discloses 5.005 Percent Stake In Royal Mail - Filing
Tuesday, 12 Feb 2019 04:18am EST 

Feb 12 (Reuters) - Royal Mail PLC ::SCHRODERS PLC DISCLOSES 5.005 PERCENT STAKE IN ROYAL MAIL PLC - FILING.  Full Article

Lloyds Banking Says Schroders Deal Not Expected To Have Material Financial Impact On Group In Short Term
Tuesday, 23 Oct 2018 09:00am EDT 

Oct 23 (Reuters) - Lloyds Banking Group PLC ::SCHRODERS TRANSACTION IS NOT EXPECTED TO HAVE A MATERIAL FINANCIAL IMPACT ON LLOYDS BANKING GROUP IN SHORT TERM.SCHRODERS DEAL GIVES SIGNIFICANT GROWTH PROSPECTS OVER £50 BILLION TARGET FOR ADDITIONAL FINANCIAL PLANNING, RETIREMENT ASSETS BY 2020.  Full Article

Schroders In Talks With Lloyds To Work Together In Wealth Sector
Monday, 8 Oct 2018 02:00am EDT 

Oct 8 (Reuters) - Schroders Plc ::RESPONSE TO MEDIA SPECULATION.CONFIRMS IS IN DISCUSSIONS WITH LLOYDS BANKING GROUP PLC WITH A VIEW TO WORKING CLOSELY TOGETHER IN PARTS OF WEALTH SECTOR.SAYS FOLLOWING RECENT MEDIA SPECULATION, SCHRODERS PLC CONFIRMS THAT IT IS IN DISCUSSIONS WITH LLOYDS BANKING GROUP PLC WITH A VIEW TO WORKING CLOSELY TOGETHER IN PARTS OF WEALTH SECTOR.TALKS WITH LLOYDS ONGOING AND THERE CAN BE NO CERTAINTY THAT THESE DISCUSSIONS WILL LEAD TO ANY FORMAL ARRANGEMENT BEING ENTERED INTO.SAYS DISCUSSIONS ARE ONGOING AND THERE CAN BE NO CERTAINTY THAT THESE DISCUSSIONS WILL LEAD TO ANY FORMAL ARRANGEMENT BEING ENTERED INTO.  Full Article

Schroders Says Transfer Of Eastern European Banking Activities To CBH
Monday, 30 Jul 2018 07:39am EDT 

July 30 (Reuters) - Schroders PLC ::SCHRODERS ANNOUNCES TRANSFER OF EASTERN EUROPEAN BANKING ACTIVITIES TO CBH COMPAGNIE BANCAIRE HELVÉTIQUE SA.SCHRODER & CO BANK AG, CBH REACHED DEAL FOR CBH TO TAKEOVER SCHRODERS’ EASTERN EUROPEAN PRIVATE BANKING BUSINESS.CURRENT CLIENT PORTFOLIO FROM ITS EASTERN EUROPEAN PRIVATE BANKS IS IN THE REGION OF CHF 700 MILLION AUM(AS AT 30 JUNE 2018).FINANCIAL TERMS OF THE ACQUISITION ARE NOT DISCLOSED, THIS TRANSACTION WILL NOT IMPACT THE EQUITY STRENGTH OF CBH.  Full Article

Schroders H1 pretax profit up 8 pct to 371.1 mln stg
Thursday, 26 Jul 2018 02:05am EDT 

July 26 (Reuters) - Schroders PLC ::H1 PRETAX PROFIT ROSE 8 PERCENT TO 371.1 MILLION STG.INTERIM DIVIDEND UP 3 PERCENT TO 35 PENCEPER SHARE.SAYS NET INFLOWS £1.2 BILLION (H1 2017: £0.8 BILLION).SAYS PROFIT BEFORE TAX UP 8% TO £371.1 MILLION (H1 2017: £342.8 MILLION).SAYS ASSETS UNDER MANAGEMENT AND ADMINISTRATION £449.4 BILLION (31 DECEMBER 2017: £447.0 BILLION).SAYS INTERIM DIVIDEND UP 3% TO 35.0 PENCE PER SHARE (INTERIM DIVIDEND 2017: 34.0 PENCE PER SHARE).SAYS NET INCOME BEFORE EXCEPTIONAL ITEMS UP 11% TO £1,086.1 MILLION (H1 2017: £974.4 MILLION.SAYS PROFIT BEFORE TAX AND EXCEPTIONAL ITEMS UP 10% TO £397.1 MILLION (H1 2017: £361.5 MILLION).SAYS AGAINST A CHALLENGING BACKDROP WE HAVE DELIVERED ROBUST REVENUE GROWTH THROUGH OUR STRATEGY OF FOCUSING ON NEW MARKETS AND BY CONTINUING TO EVOLVE OUR PRODUCTS AND SOLUTIONS..SAYS WEALTH MANAGEMENT HAS SEEN STRONG CLIENT DEMAND AND WE HAVE CONTINUED TO EXPAND OUR CAPABILITIES WITHIN PRIVATE ASSETS AND ALTERNATIVES, OFFSETTING INDUSTRY HEADWINDS IN OTHER AREAS.SAYS NET INFLOWS FROM INSTITUTIONAL CLIENTS WERE OFFSET BY REDEMPTIONS WITHIN INTERMEDIARY SALES CHANNEL.SAYS NET OPERATING REVENUE MARGIN BEFORE PERFORMANCE FEES AND CARRIED INTEREST STEADY AT 45 BASIS POINTS.SAYS INSTITUTIONAL SALES CHANNEL SAW STRONG DEMAND FROM CLIENTS IN NORTH AMERICA AND LATIN AMERICA, OFFSET BY OUTFLOWS IN CONTINENTAL EUROPE AND AUSTRALIA.  Full Article

Schroders boardroom reshuffle sees Philip Howard step down​
Thursday, 1 Mar 2018 02:11am EST 

March 1 (Reuters) - Schroders Plc ::‍LORD HOWARD OF PENRITH, HAVING SERVED ON BOARD FOR MORE THAN NINE YEARS, WILL STEP DOWN FROM BOARD AT CONCLUSION OF 2018 ANNUAL GENERAL MEETING ON 26 APRIL 2018.​.‍IAN KING WILL SUCCEED PHILIP HOWARD AS SENIOR INDEPENDENT DIRECTOR.​.‍NICHOLA PEASE, WHO JOINED BOARD AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR IN SEPTEMBER 2012, WILL SUCCEED PHILIP HOWARD AS CHAIRMAN OF REMUNERATION COMMITTEE.​.  Full Article

Schroders says to pay for all external research costs under Mifid II rules
Friday, 15 Sep 2017 10:18am EDT 

Sept 15 (Reuters) - Schroders :Says to pay for all external research costs under Mifid II rules..  Full Article

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Pemex bonds tank after Fitch 'junk' rating, Mexico slams downgrade

MEXICO CITY The bonds of Mexican state oil company Pemex took a beating on Friday as investors fretted over chances that Moody's ratings agency could soon follow Fitch in downgrading the debt to "junk," which would trigger a forced sell-off.