Previous Close | 348.60 |
Open | 0.00 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 0.00 - 0.00 |
52 Week Range | |
Volume | |
Avg. Volume | 2,526,650 |
Market Cap | 5.613B |
Beta (5Y Monthly) | 1.18 |
PE Ratio (TTM) | 14.51 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 0.22 (6.17%) |
Ex-Dividend Date | Mar 21, 2024 |
1y Target Est | N/A |
LONDON (Reuters) -Schroders said on Wednesday that CEO Peter Harrison plans to retire next year after eight years in the top role, triggering a search for a successor to lead Britain's largest standalone fund manager. Many active investors have been under pressure in recent years as competition from low-cost passive rivals, soaring inflation and volatile markets have curbed their earnings. However, analysts say Schroders has adapted better than some rivals as Harrison steered the group into faster growing areas such as private markets and expanding in wealth management.
London is at risk of losing its supremacy in the fintech sector to New York, the UK chief executive of Revolut has warned.
Schroders plc ( LON:SDR ) will pay a dividend of £0.15 on the 2nd of May. The dividend yield will be 5.5% based on this...