Schroder's CEO dismisses speculations about family share ownership transfers
Schroders Denies Selling Stake Speculation, Reaffirms Family's Commitment
In a recent development, Schroders CEO Richard Oldfield has denied rumours of the Schroder family considering a sale of their stake in the asset management firm [4]. The denial comes amidst a challenging period for the company, during which speculation about a potential sale of the Schroder family's stake emerged.
Oldfield's denial was made in comments to the Financial Times (FT) [1]. He further clarified that the Schroder family, which holds approximately 44% of Schroders, is not reviewing its stake for a potential sale [2]. The family has made a clear statement about their long-term commitment to the business in their statutory report [3].
Despite some director share sales related to tender offers at Schroders Capital, these transactions involved relatively small amounts of shares and do not indicate a broader family stake sale or exit [1][2]. Oldfield's clear statement rebuffs rumours or reports suggesting that the founding family intends to reduce or sell their shareholding [4].
Oldfield also expressed that he engages with two members of the Schroder family through the board, and they are tremendously supportive [5]. He further stated that there is no intention of the Schroder family to sell its stake in Schroders [6].
In other news, Schroders reported a strong performance in the first half of 2025. The company recorded net inflows of £4.5bn, a turnaround from the £3.9bn of outflows recorded a year prior [7]. Net operating revenue increased by 2% year-on-year to £1.17bn, driven by a strong performance in wealth management [8]. Wealth management saw a 9% rise to £258.3m in net operating revenue [9].
Schroders' total assets under management (AUM) for the half-year ended 30 June 2025 were £776.6bn [7]. However, statutory profit before tax fell to £196.9m from £276.3m in the first half of 2024 [10]. Despite this, Schroders reported an adjusted operating profit of £316m, up 7% from the previous year [10].
In a strategic move, Schroders launched its global digital assets centre of excellence in Singapore last month [11]. The company has also "right-sized" its operations in China, a move described as reallocating capital rather than reducing commitment to the region [6].
Despite the decline of about 40% in Schroders' shares from their peak in 2021 [12], the company remains committed to its long-term growth and strategic initiatives. The Schroder family's denial of selling their stake serves as a reassurance to investors and stakeholders alike.
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