Schroders PLC
XBER:PYX

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Schroders PLC Logo
Schroders PLC
XBER:PYX
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Price: 5.142 EUR -0.54% Market Closed
Market Cap: €1.5B

Schroders PLC
Investor Relations

In the bustling world of global finance, Schroders PLC stands as a venerable institution, tracing its roots back to the early 19th century. Headquartered in London, this British asset management company has evolved from a family-run banking business to a formidable force in the investment world. With its finger on the pulse of the changing market dynamics, Schroders has adeptly navigated the finance landscape by offering an array of investment products and services. The core of its operation revolves around managing assets on behalf of institutional and retail investors, including pension funds, insurance companies, and sovereign wealth funds. By deploying strategies that range from equities and fixed income to alternative assets and private equity, Schroders leverages its expertise to meet the diverse needs of its clients.

The company generates revenue through management fees and performance incentives earned from overseeing these investments. These fees are typically calculated as a percentage of the assets under management (AUM), which has consistently grown through both organic expansion and strategic acquisitions. Schroders also builds its clientele's trust by adhering to high standards of responsible investment practices, continuously striving to integrate environmental, social, and governance (ESG) criteria into its investment decisions. This approach not only aligns with global sustainability goals but also enhances the company's reputation and long-term profitability. By maintaining a sharp focus on client outcomes and staying resilient amidst economic cycles, Schroders PLC fortifies its position as a leading player in the global asset management arena.

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Last Earnings Call
Fiscal Period
Q4 2021
Call Date
Mar 3, 2022
AI Summary
Q4 2021

Record Profit: Schroders reported record profit before tax and exceptional items of £836 million, up 19% year-on-year, and profit after tax up 28% to £624 million.

Strong Revenue Growth: Net income rose 18% to £2.6 billion, driven by strong growth in private assets, wealth management, and mutual funds.

Robust Net Flows: The company achieved £35.3 billion of net new flows, with high-margin areas delivering £19 billion, and assets under management reaching a record £732 billion.

Upgraded Private Assets Target: Guidance for Schroders Capital (private assets) was raised to £7–10 billion of net new business growth per year, reflecting the Greencoat acquisition.

Wealth Management Exceeds Targets: Wealth Management delivered a 5.7% organic growth rate, surpassing previous targets a year early.

Expense Control & Investments: Cost-to-income ratio declined slightly; major investment in cloud migration will drive at least £50 million annual savings from 2024.

Positive Outlook but Macro Uncertainty: Management remains confident in underlying business momentum and diversification, but noted uncertainty due to macroeconomic and geopolitical risks.

Key Financials
Profit Before Tax and Exceptional Items
£836 million
Profit After Tax
£624 million
Net Income
£2.6 billion
Net Operating Revenue
£2.4 billion
Assets Under Management
£732 billion
Net New Flows
£35.3 billion
Wealth Management Organic Growth Rate
5.7%
Private Assets (Schroders Capital) Inflows
£7.4 billion
Sustainable Asset Inflows
£5.7 billion
Average AUM (Asset Management segment, ex-JVs/associates)
£597 billion
Performance Fees and Carried Interest
£126 million
Dividend Per Share
£1.22
Annual Outflows as % of Assets
17.6%
Client Asset Longevity
5.3 years
Tax Rate (Post-Exceptionals)
18.4%
Compensation Ratio
45%
Non-Compensation Costs
£565 million
Capital Surplus
£1.5 billion
Earnings Call Recording
Other Earnings Calls
2021

Management

Mr. Richard Oldfield
Group CEO & Director
No Bio Available
Ms. Meagen Lyn Burnett
Group COO & Interim CFO
No Bio Available
Mr. Rory Bateman
Co-Head of Investment & Head of Equities
No Bio Available
Ms. Johanna Kyrklund C.F.A.
Co-Head of Investment & Group Chief Investment Officer
No Bio Available
Mr. Jamie Ovenden
Chief Technology Officer
No Bio Available
Alex James
Investor Relations Manager
No Bio Available
Mr. Neil Tomlinson
Group General Counsel
No Bio Available
Ms. Estelle Bibby
Head of Media Relations
No Bio Available
Ms. Beth Saint
Global Head of Marketing & Communications
No Bio Available
Ms. Sonia Jenkins
Chief People Officer
No Bio Available

Contacts

Address
London
1 London Wall Place
Contacts
+442076586000.0
www.schroders.com