Wealth and Asset Management
‘Stress test’ year sees Schroders profits slide 14%
Schroders’ operating profit tumbled 14% to £723m for the 12 months to the end of 2022, a year chief executive Peter Harrison described as a ‘stress test’ for the firm’s overall strategy. Market-to-market movements and expenses arising from the group’s M&A spree over the 12 months, which included deals for…
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