Dividend Cheer at Schroders After Profits Roar Ahead

Summary


SCHRODERS, the fund management giant, has upped its full-year dividend for the first time in five years after a near-tripling of annual profits.

The revival in Schroders' fortunes comes on the back of the firm's drive to increase its exposure to higher-margin retail savings products, in the face of a turbulent world for managing lower-margin institutional savings.

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Extract


Dividend Cheer at Schroders After Profits Roar Ahead

Chief executive Mike Dobson said this year'...

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