By Frank Prenesti
Date: Thursday 27 Jul 2023
LONDON (ShareCast) - (Sharecast News) - UK asset manager Schroders on Thursday said first-half assets under management fell due to market volatility, but rival Jupiter posted a rise in assets.
Schroders AuM fell to £726.1bn in the half-year to June 30, from £737.5bn at the end of last December, while generating £5.7bn in net new business.
Rival Jupiter Fund Management's assets under management rose 2% to £51.4b, with net inflows of £23m driven by institutional client demand.
It also announced an ordinary dividend of 3.5p and a special dividend of 2.9p per share, payable in September.
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Currency | UK Pounds |
Share Price | 81.60p |
Change Today | 0.30p |
% Change | 0.37 % |
52 Week High | 93.40 |
52 Week Low | 73.50 |
Volume | 414,562 |
Shares Issued | 544.98m |
Market Cap | £444.70m |
Beta | 2.03 |
Value |
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Price Trend |
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Income |
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Growth |
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Strong Buy | 0 |
Buy | 0 |
Neutral | 9 |
Sell | 2 |
Strong Sell | 0 |
Total | 11 |
Latest | Previous | |
---|---|---|
Interim | Final | |
Ex-Div | 08-Aug-24 | 18-Apr-24 |
Paid | 04-Sep-24 | 20-May-24 |
Amount | 3.20p | 3.40p |
Time | Volume / Share Price |
16:35 | 2,317 @ 81.60p |
16:35 | 180,996 @ 81.60p |
16:35 | 4,512 @ 81.60p |
16:35 | 3,887 @ 81.60p |
16:35 | 3,112 @ 81.60p |
CFO | Wayne Mepham |
CEO | Matthew Beesley |
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