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Inflows treble at Schroders

Michael Dobson's asset manager bulks up on assets as fee margins decline

Inflows treble at Schroders

Net inflows at UK asset manager Schroders more than trebled to £24.8 billion last year, easily making good a slip in revenue margins over the period.

Buoyed by its full-year results published on Thursday morning, Schroders shares had risen by 2.2% to £31 by 12.20 GMT from the previous day's close as investors cheered an 11% year-on-year rise in underlying pre-tax profits to £565.2 million and a 34% leap in divdends for the year to 78p.

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