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Schroders' assets reach £453B at September-end

Schroders PLC' total assets under management and administration amounted to £453.0 billion at Sept. 30, up from £447.0 billion as of Jan. 1.

AUM rose to £392.3 billion at the end of the third quarter from £389.8 billion at Jan. 1. Institutional assets increased over the period to £260.2 billion from £255.8 billion, offsetting a decline in intermediary assets to £132.1 billion from £134.0 billion.

Wealth management assets increased to £46.8 billion from £45.9 billion over the period.