Market Watch (Free subscription) | 03/09/2008
LONDON (MarketWatch) -- In a note on European financials, Morgan Stanley downgraded Schroders to underweight from equal-weight and Gottex Fund Management to equal-weight from overweight, while it upgraded 3i to overweight from equal-weight. The broker called Schroders a "casualty of the war for deposits" and downgraded Gottex on a more challenging view for hedge funds, upgraded 3i and...
Financial Time (Free subscription) | 15/08/2008
Schroders, the global asset management group, has warned investors in one of its biggest real estate vehicles that up to a quarter will be cut from the price of their...
Scotsman.com (Free subscription) | 16/08/2008
INVESTORS in Schroders' flagship property fund could face penalties of up to 25 per cent if they withdraw their holdings.
Financial Time (Free subscription) | 09/08/2008
The current "bleak" investment climate is set to become tougher, Schroders forecast yesterday when it revealed that its profits dropped more than a quarter in the...
Reuters UK (Free subscription) | 08/08/2008
LONDON (Reuters) - First-half pretax profit at Schroders fell by 27 percent, hurt by writedowns and client outflows, and the fund firm warned that demand from retail investors would weaken.
Market Watch (Free subscription) | 08/08/2008
LONDON (MarketWatch) -- Asset management and private banking firm Schroders said Friday that first-half net profit fell to 100.2 million pounds, frmo 140.0 million pounds at the same point a year ago, after revenue fell to 542.2 million pounds, from 449.5 million pounds. The company said that it experienced an increasingly challenging background with lower equity markets and much reduced retail...
Times Online (Free subscription) | 08/08/2008
Schroders, Britain's biggest listed fund manager, reported a 27 per cent fall in profits yesterday and gave warning that demand from individual investors would slow as they shunned the financial markets.
FT.com - Europe homepage (Free subscription) | 08/08/2008
The current "bleak" investment climate is set to become tougher, Schroders forecast when it revealed that its profits dropped more than a quarter in the first half
Times Online (Free subscription) | 08/08/2008
Schroders, the asset manager, reported a fall of more than 26 per cent in pre-tax profit for the six months to June 30, after writing down seed capital and fixed-income investments, and gave warning that its retail business would be hit this year by market volatility.
The Telegraph (Free subscription) | 09/08/2008
Lower investor demand, writedowns on investments and weaker performance from its private equity arm dampened profits at Schroders.
Scotsman.com (Free subscription) | 09/08/2008
FIRST-HALF pre-tax profits at investment bank Schroders fell by 27 per cent, hit by write-downs and a weak performance from its private equity and asset management business, i
Forbes (Free subscription) | 08/08/2008
British asset manager Schroders has so far proven pretty resilient in the midst of the stock-market slump, considering it has around 60.0% of its investments in equities. But even though its solid semi-annual results took shares higher on Friday, the rest of the year is looking uncertain. Shares in Schroders (other-otc: ) rose 2.2%, to 10.27 pounds ($19.71), during afternoon trading in...
The Telegraph (Free subscription) | 08/08/2008
BG Group, Schroders: Business roundup August 87:55am BSTBritain’s BG Group has struck oil in the Santos Basin, off Brazil’s Sao Paulo coast. Light crude oil was found in an exploration well in the Iara field, controlled 65pc by Petrobras, 25pc by BG Group, and 10pc by Portugal’s Galp Energia. The company called it a material new oil discovery. The find lies 142 miles offshore from Rio de Janeiro...
DealBook (Free subscription) | yesterday
... the sale of Alcoa’s aluminum packaging assets.Mr. Youakim previously worked at Credit Lyonnais and Schroders, which was absorbed by Citigroup.
Business Wire (Free subscription) | yesterday
... Mr Youakim began his investment-banking career in 1991 at Credit Lyonnais, and in 1996 joined Schroders, which ultimately became part of Citigroup. He was promoted to Managing Director at the end of 2005. About LazardLazard, one of the worlds preeminent financial advisory and asset management firms, operates from 40 cities across 23 countries in North America, Europe, Australia, Asia, Central...
