Schroders Share News (SDR)

'Challenging' year dents profits at Schroders

(Sharecast News) - Asset manager Schroders posted a slide in annual profits on Thursday, after a historically "challenging" year for the sector.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Schroders Capital Global receives Carmot sale distribution

Schroders Capital Global Innovation Trust PLC - London-based investment trust focused on a portfolio of "highly innovative" companies - Receives a USD5.6 million payment from Basel, Switzerland-based pharmaceutical firm, Roche Holding AG, in relation to the sale of its portfolio company Carmot Therapeutics Inc. Carmot is a Berkley, California-based biotechnology company currently focused on developing treatments for obesity and diabetes. In December, Carmot entered into an agreement to be acquired by Roche for a USD2.7 billion purchase price, alongside up to USD400 million in milestone payments. Schroders says that the USD5.6 million distribution represents a 221% fair value uplift relative to the value of its holding in Carmot of GBP1.4 million in September.

Schroders Capital GIT joins Neurona Therapeutics funding round

(Sharecast News) - Schroders Capital Global Innovation Trust announced an investment of $1.6m (£1.3m) in Neurona Therapeutics, a prominent US-based clinical-stage cell therapy company, on Friday.

London close: Stocks turn weaker ahead of busy week for earnings

(Sharecast News) - London's stock market saw slight declines by the close on Monday, as investors turned their attention to a week filled with corporate earnings reports and central bank announcements.

LONDON BROKER RATINGS: Berenberg raises IMI; Exane BNP cuts Schroders

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Rate cut hopes fuel bets real estate crisis is easing

Real estate shares and bonds rebounding

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LONDON BROKER RATINGS: Exane BNP cuts BAE; Liberum lifts Naked Wines

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

LONDON BROKER RATINGS: BofA cuts Ashtead; UBS likes 3i Group

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

LONDON BROKER RATINGS: SocGen cuts Centrica; Barclays raises Trainline

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

LONDON BROKER RATINGS: Barclays cuts Just Eat Takeaway price target

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Assets under management slip at Schroders

(Sharecast News) - Shares in Schroders came under pressure on Thursday, after the London-listed investment manager posted a fall in assets under management.

IN BRIEF: Schroders assets see quarterly dip but wealth management up

Schroders PLC - FTSE 100 London-based investment manager - Confirms assets under management as of September 30 total GBP724.3 billion, down 0.2% from GBP726.1 billion at June 30. Total excluding joint ventures and associates was GBP615.6 billion, down 0.4% from GBP618.3 billion. Includes GBP511.4 billion in Asset Management, down 0.8% from 515.7 billion, and GBP104.2 billion in Wealth Management, up 1.6% from GBP102.6 billion.

DIRECTOR DEALINGS: Schroders CFO buys GBP300,000 in shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and not separately reported by Alliance News:

UK earnings, trading statements calendar - next 7 days