Schroders posts £800m net retail inflow in Q3

The group's third quarter net retail inflow took its total over the first nine months of the year to £5.9bn. It posted a £3.3bn net retail inflow in Q1 and £1.8bn in Q2. Overall, Schroders took in a net £5.4bn in Q3, which also consisted of £3.7bn from the institutional space and £0.9bn in private banking. Net inflows were £21.5bn for the first nine months of 2010, with 79% coming from clients outside the UK. The group's funds under management have reached a new high of £181.5bn as at 30 September 2010, while it says net inflows have continued since the quarter end. At the profi...