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Schroders profits surge as assets hit record £868bn
Schroders said its profit nearly doubled in the first half of the year as assets under management hit a record high of £868bn.
TL;DRAI
Schroders' profit doubled to £396.8m with AUM hitting £868bn record; £9.9bn Nuveen takeover on track for Q4 2026. Public markets bled £11.7bn to passive competitors as cost savings (£150m annualised) highlight industry-wide push toward automation.
452 words~2 min read
