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Numis retracts 'disingenuous' criticism of Schroders performance

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Numis has withdrawn a criticism of Schroders’ presentation of performance figures in last week’s full-year results as ‘disingenuous’, and issued an apology for the ‘personalised aspect’ of its analysis. The criticism sparked a highly unusual spat between the two businesses, after Numis singled out a Schroders statement that 85% of…

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