Lloyds strategic partnership pushes Schroders 2019 inflows to record £43bn
Institutional and mutual funds business suffers outflows
Schroders CEO Peter Harrison
Schroders has enjoyed record inflows of £43.4bn during 2019, more than quadruple the £9.5bn it took in the previous year, with the majority of this attributable to the Scottish Widows mandate and the Schroders Personal Wealth venture.
The Scottish Widows mandate into Solutions strategies brought £32bn into the business, while the Schroders Personal Wealth venture delivered another £12.6bn. However, without this boost from its relationship...
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