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Schroders PLC Add to portfolio

LON100:SDR, Jul 13, 11:29 UTC

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Tuesday, June 02


News

Director dealings: Schroders CFO offloads shares

SDR

Potash mine developer Emmerson #EML announce long-awaited Feasibility Study for Khemisset Watch Now. (Sharecast News) - Schroders revealed on Tuesday that chief financial officer Richard Keers had disposed of 22,021 ordinary shares in the FTSE 100-listed investment manager.Keers, who took over as chief financial officer back in May 2013, sold the shares on Monday at an average price of 2,990.0p each, for a total transaction value of £658,427.89.Back in April, analysts at Canaccord Genuity slashed their target price on investment manager Schroders from 3,270.0p to 2,539.0p, citing some near-term downside risks.Canaccord highlighted potential downside risks to consensus forecasts, primarily on costs, but said that if equity market performances played out per its base case, with the recovery post-crash set to be maintained in 2020, then action on staff costs would be "limited".As of 1630 BST, Schroders shares were up 1.98% at 3,006.00p.Top Director BuysJardine Matheson Holdings Ltd (singapore Reg) (JAR)Director name: Gulliver,Stuart ThomsonAmount purchased: 20,000 @ $41.66Value: $833,200.00London Stock Exchange Group (LSE)Director name: DeRose,Kathleen Amount purchased: 700 @ 8,130.00pValue: £56,910.00Investec (INVP)Director name: Titi,FaniAmount purchased: 36,902 @ 145.00pValue: £53,507.90Investec (INVP)Director name: Whelan,CiaranAmount purchased: 27,601 @ 145.00pValue: £40,021.45Topps Tiles (TPT)Director name: Parker,RobertAmount purchased: 50,000 @ 41.90pValue: £20,950.00Gcp Asset Backed Income Fund Limited (GABI)Director name: Dentskevich,JoannaAmount purchased: 17,000 @ 92.20pValue: £15,674.00Gooch & Housego (GHH)Director name: Bullard,GaryAmount purchased: 1,000 @ 1,006.00pValue: £10,060.00Anglo Pacific Group (APF)Director name: Flynn,KevinAmount purchased: 5,713 @ 158.06pValue: £9,029.95Anglo Pacific Group (APF)Director name: Flynn,KevinAmount purchased: 5,604 @ 160.75pValue: £9,008.43Schroder Oriental Income Fund Ltd. (SOI)Director name: Cornish-Bowden,KatherineAmount purchased: 2,391 @ 209.05pValue: £4,998.50Schroder Oriental Income Fund Ltd. (SOI)Director name: Cornish-Bowden,KatherineAmount purchased: 2,389 @ 209.06pValue: £4,994.44Travis Perkins (TPK)Director name: Chambers,Stuart JAmount purchased: 252 @ 1,110.65pValue: £2,798.84Anglo Pacific Group (APF)Director name: Flynn,KevinAmount purchased: 825 @ 160.72pValue: £1,325.98Anglo Pacific Group (APF)Director name: Flynn,KevinAmount purchased: 620 @ 157.08pValue: £973.90Anglo Pacific Group (APF)Director name: Flynn,KevinAmount purchased: 620 @ 157.08pValue: £973.90Travis Perkins (TPK)Director name: McConville,ColineAmount purchased: 65 @ 1,110.65pValue: £721.92Travis Perkins (TPK)Director name: Redfern,PeteAmount purchased: 64 @ 1,110.65pValue: £710.82Travis Perkins (TPK)Director name: Rogers,JohnAmount purchased: 60 @ 1,110.65pValue: £666.39Travis Perkins (TPK)Director name: Illingworth,Richard BlairAmount purchased: 51 @ 1,110.65pValue: £566.43Travis Perkins (TPK)Director name: Rogers ,Christopher Amount purchased: 44 @ 1,110.65pValue: £488.69Travis Perkins (TPK)Director name: Culver,MarianneAmount purchased: 38 @ 1,110.65pValue: £422.05Top Director SellsSchroders (SDR)Director name: Keers,RichardAmount sold: 22,021 @ 2,990.00pValue: £658,427.89Ab Dynamics (ABDP)Director name: Hubbard,Mat Amount sold: 10,600 @ 1,690.00pValue: £179,140.00Anglo Pacific Group (APF)Director name: Flynn,KevinAmount sold: 12,064 @ 155.45pValue: £18,753.49. (Sharecast News) - Schroders revealed on Tuesday that chief financial officer Richard Keers had disposed of 22,021 ordinary shares in the FTSE 100-listed investment manager. (Sharecast News) - Hargreaves Lansdown: Deutsche Bank downgrades to sell with a target price of 1,325p.

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Friday, May 08


News

Schroders Loaded Up on Sustainable Debt Dumped in Virus Sell-Off

SDR

The asset manager is growing a new European fund focused on sustainable debt, expecting an increase in issuance from banks, real estate, infrastructure and health care. Green bonds sold off just as much as other debt during the panic caused by economic shutdown and oil’s collapse, creating an opportunity to buy, according to Saida Eggerstedt, head of sustainable credit at Schroders, which oversees about $660 billion in assets globally. “All bonds were sold off or they were marked down and I utilized this to increase the quota of green bonds in the fund,” said Frankfurt-based Eggerstedt in a May 6 interview. Schroders dived in to purchase CPI Property Group SA’s 1.625% bonds due 2027, Prologis Euro Finance’s 0.375% bonds due 2028, Digital Dutch Finco BV’s 1.5% bonds maturing 2030 and Klabin Austria’s 7.0% bonds due 2049, among other debt, said Eggerstedt. Even though markets have since pared losses, there may still be opportunities in cyclical names, especially if the recession isn’t deep.

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Tuesday, April 21


News

Schroders Personal Wealth launches 11 regional branches

SDR

Schroders and Lloyds Bank’s wealth partnership is set to launch 11 semi-autonomous regional branches as part of its adviser network. They will each be headed by a regional director employed by the partnership, who will have responsibility for selecting and leading their team as well as delivery of local support and revenue generation. The launch of the new hubs comes after Schroders announced last week that it had taken on £75bn of Scottish Widows and Lloyds insurance and wealth-related assets, 18 months after it first announced the joint venture with the bank. The joint venture saw Lloyds being given rights to a 19.9% stake in Schroders’ UK wealth management business as it transferred £13 billion of assets and associated advisers from its wealth management business to the unit.

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Tuesday, April 14


News

Schroders announces completion of transfer of Scottish Widows and Lloyds Banking Group assets - FinanceFeeds

LLOY SDR

Schroders plc (“Schroders”) today announces the completion of its on-boarding of £75 billion of Scottish Widows and Lloyds insurance and wealth-related assets, following an announcement in October 2018 of a strategic partnership between Schroders and Lloyds Banking Group. The mandates comprise more than 320 portfolios, including Active Equity, Equity Alpha, Equity Low Risk Active, Fixed Income, Multi Manager, Multi Asset, Portfolio Solutions, Private Equity and Property funds. “The completion of on-boarding such a significant mandate is a monumental achievement for Schroders, and underlines our strategy and commitment to being the leading active manager. We are incredibly proud of the work done to achieve this milestone, which is the culmination of a year-long project by a dedicated team of Schroders colleagues, alongside Lloyds Banking Group and other key stakeholders.

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Wednesday, February 05


News

Company-builder Antler passes $75M raised after investment from Schroders and Ferd

SDR

Antler is a "company builder" that emerged a couple of years ago, running startup generator programs and investing from an early stage, bringing a heady mix of technologists, product builders and operators together with its own technology stack. It’s a bit like Apocalypse Now: everyone goes in thinking they will come up with the major formula to spit out startups at a prodigious rate and they come out screaming “The Horror! It has made more than 120 investments across a wide range of companies, with several going on to raise later-stage funding from the likes of Sequoia, Golden Gate Ventures, East Ventures, Venturra Capital and the Hustle Fund. Since its launch in Singapore two years ago, Antler now has a presence across New York, London, Singapore, Sydney, Amsterdam, Stockholm, Nairobi and Oslo. Today, it's announcing it has attracted investment from British investment management company Schroders, investment house FinTech Collective and Ferd, the vehicle used by the Norwegian industrialist and investor Johan H. Andresen.

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Monday, December 16


News

Schroders takes over Woodford trust and extends loan facility

SDR

Schroders has taken its first step to reducing the gearing in the Schroder UK Public Private Trust (SUPP), having been installed as new manager of the trust formerly known as Woodford Patient Capital (WPCT). On the same day, the trust confirmed it had agreed to amend its existing credit facility. On the change of investment manager, chair Susan Searle said there had been "a smooth handover", adding the board was "confident that the portfolio manager's expertise in both public and private assets, alongside its deep sector experience, will enable the portfolio to deliver sustainable value and positive long-term shareholder returns". "However, given the illiquid, early-stage nature of the portfolio we expect that it may be some time before Schroders can fully put their stamp on the portfolio. "Increased flexibility and the extension of debt facility is welcomed, although the level of gearing remains high, reflecting the significant declines in the NAV during the year, the difficulty of realising assets and ongoing funding commitments for existing investments. "The investment policy limited gearing to 20% of net assets, at the time of borrowing, and it is currently 22.5% of net assets. In June 2019, the board set out its aim to reduce gearing to below 10% in six months and generally ungeared within 12 months, meaning it is unlikely to meet these targets."

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Wednesday, November 27


News

Schroders survey: 94% of investors concerned about Brexit

BREXIT SDR

Brexit remains the single biggest concern for investors, according to the latest Schroders Annual UK Adviser Survey, with 94% of clients raising it with their financial advisers. As such, 40% of clients have moved money out of UK assets, while 49% have reduced their overall risk exposure, although these trends appear to be reversing. The biggest move has been in government bonds, where 28% of advisers reported a decrease in allocation. Clients' money has largely been rotated into the US, with 74% increasing their asset allocation to what has been the strongest-performing equity market since the Brexit vote, echoing the findings from the 2018 survey. In the event Prime Minister Boris Johnson's proposed Brexit deal goes through, a quarter of advisers said they would make significant tactical changes to portfolios, with this increasing to 35% in the event of a 'no-deal' exit from the European Union.

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Wednesday, November 20


News

Schroders to fully integrate ESG into funds by end-2020

SDR

Schroders to fully integrate ESG into funds by end-2020. 20 November 2019, 12:36 UTC. LONDON (Reuters) - British asset manager Schroders <SDR.L> said on Wednesday it would fully integrate environmental, social and governance analysis across all of its fund assets by the end of 2020. At the moment, around 230 billion pounds in assets are invested in funds which carry a Schroders 'Sustainability Accreditation' where the investment teams have evidenced the role ESG factors played in their decision-making. Those investments currently make up a little over 50% of Schroders' total assets under management. What to read next.

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Friday, November 08


News

Director dealings: Schroders chairman lowers stake

SDR

Seeing Machines excites investors as it benefits from driver monitoring legislation Watch Now. Exclusive: Oil analyst Barney Gray on UK fracking ban, Coro Energy, Rose Petroleum and UnitedView Video. (Sharecast News) - Schroders revealed on Friday that chairman Michael Dobson had sold 41,641 ordinary shares in the FTSE 100-listed investment manager.Dobson, who took over as chairman of Schroders back in April 2016,, disposed of the shares on Wednesday at an average price of 3,256.66p each, for a total value of £1.35m.In a separate transaction, Dobson sold a further 8,359 shares on Thursday at an average price of 3,250p, collecting another £271,667.50 as a result.Schroders released a brief update for the third quarter on 15 October, reporting that as at the period end, its total assets under management stood at £450.8bn, rising from £407.2bn at the start of 2019.As of 1630 GMT, Schroders shares were down 1.16% at 3,224p.Top Director BuysAnglo Pacific Group (APF)Director name: Rutherford ,Jim Amount purchased: 25,000 @ 192.00pValue: £48,000.00Anglo Pacific Group (APF)Director name: Dacomb,GraemeAmount purchased: 10,000 @ 192.65pValue: £19,265.40Ades International Holding (di) (ADES)Director name: Farouk ,Mohamed Amount purchased: 500 @ $13.02Value: $6,510.00Ades International Holding (di) (ADES)Director name: Farouk ,Mohamed Amount purchased: 500 @ $13.00Value: $6,500.00Ades International Holding (di) (ADES)Director name: Farouk ,Mohamed Amount purchased: 500 @ $12.85Value: $6,425.00Spectris (SXS)Director name: Harding ,DerekAmount purchased: 6 @ 2,564.33pValue: £153.86National Grid (NG. LONDON, Nov 4 (Reuters) - Shares in Woodford Patient Capital Trust, founded by veteran money manager Neil Woodford, dropped as much as 7% on Monday after the fund cut the valuation of one of its major holdings.WPCT last month named asset manager S... 4 Nov 19 09:26.

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Wednesday, November 06


News

Schroders Sees Value in Municipal Bonds Over Treasuries

SDR

Schroders Sees Value in Municipal Bonds Over Treasuries. 6 November 2019, 21:09 UTC. Nov.06 -- Julio Bonilla, U.S. fixed income portfolio manager at Schroders, discusses the advantage municipal bonds have over U.S. Treasuries. He speaks with Bloomberg’s Taylor Riggs in this week’s “Muni Moment” on "Bloomberg Markets." What to read next.

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