Schroders profit before tax down by 2.3% Schroders (LON:SDR) confirmed on Thursday that its pre-tax profit fell by 2.3% in 2020, while its assets under management soared to a record high. The asset management company posted a profit before tax of £610.5m in 2020, down from £624.6m in 2019. The FTSE 100 company now manages […]

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Setting out what has been a challenging and resilient year of trading, Schroder AsiaPacific Fund (LON:SDP) Chairman, Nicholas Smith, walked investors through the fund’s 2020 results and dividend payments. In what will be Mr Smith’s final year at the helm, he stated that the fund’s NAV produced a positive NAV return of 17.7%, outperforming its […]

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FTSE 100 listed property development and investment company, SEGRO (LON:SGRO), announced on Wednesday that it agreed to pay £133 million to acquire the 13-acre urban warehouse estate in Canning Town, from Schroders (LON:SDR). The company boasts that the estate is in a prime location, close to Canary Wharf and London City Airport, as well as […]

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With lockdown slowly but surely coming to an end, and the UK government’s furlough scheme set to wrap up in October, the vast majority of employees across the country now face the awkward reality of going back to work in the post-pandemic world. But after months of disruption, returning to normality is not going to […]

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Property Franchise Group (LON:TPFG) saw its shares rally during the Tuesday session, after posting modest progress for the financial year ended 31 December 2019. The company’s statement to its shareholders read, “The Group has successfully navigated a difficult year for UK residential property and performed in line with market expectations, delivering growth in both revenues […]

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