Previous Close | 6.18 |
Open | 6.21 |
Bid | N/A x N/A |
Ask | N/A x N/A |
Day's Range | 6.21 - 6.21 |
52 Week Range | 4.00 - 47.00 |
Volume | |
Avg. Volume | 4,643 |
Market Cap | 10.011B |
Beta (5Y Monthly) | 1.26 |
PE Ratio (TTM) | 14.44 |
EPS (TTM) | 0.43 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.26 (4.15%) |
Ex-Dividend Date | Aug 04, 2022 |
1y Target Est | N/A |
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Schroders has won a mandate to invest £500mn of Welsh pension fund cash into private companies, as part of a broader plan by the UK’s largest listed asset manager to expand its private markets business. The FTSE 100 fund group, led by chief executive Peter Harrison, will run the private equity mandate for the Wales Pension Partnership, which represents eight local government pension schemes in the country.
Schroders has obtained Chinese regulatory approval to set up a wholly-owned mutual fund unit in China, as Beijing accelerates opening up its giant financial sector to foreigners. China abruptly dismantled its strict, three-year zero-COVID policy in early December, and the government has apparently stepped up efforts to woo foreign companies and investors to aid an economic recovery. Last month, U.S. asset manager Neuberger Berman celebrated the opening of its China retail fund business, while Fidelity International was granted a mutual fund licence in the country.