Schroders Company profile
Use the interactive Schroders plc share price chart to spot the best points to enter a trade
Schroders PLC (SDR) is a world-class asset manager based in London, UK. Established in 1804, the company operates through 42 investment teams in 35 locations across Europe, Asia, the Americas and the Middle East.
Schroders manages assets such as equities, cash, bonds, venture capital and alternative investments. As of June 2020, the company has been responsible for £525.8bn (€578.4bn/$649.6bn) of assets for its clients, delivering sustainable returns.
The company manages investments for a wide range of organisations and individuals to help them achieve their financial goals. It offers solutions and products across five business areas and invests in a broad range of asset classes and different geographies.
Schroders’ clients include sovereign wealth funds, foundations and endowments, pension schemes and insurance companies. The company also works with end customers as part of the relations with financial advisors, online platforms and distributors.
Schroders’ wealth management segment reflects the company’s ambition to provide financial planning and wealth management services to customers across a very diverse wealth spectrum.
In 2000 the company sold its investment banking division to Citigroup for £1.3bn. In 2013, Schroders acquired its capital management arm Cazenove. The deal was worth £434m. In September 2020, Schroders purchased the London-based Sandaire Investment Office.
The Schroders shares are listed on the London Stock Exchange (LSE) and are included into the FTSE 100 Index. The Schroders stock price is set and traded under the ticker symbol SDR.
Schroders stock has started 2020 on a positive note, moving quite bullish from £27 in January to £34 in February. Going further, the SDR share price was seriously hit by the major sell-off caused by the Covid-19 pandemic and subsequent lockdown measures. The SDR stock price dropped from £34 in February to £17 in March, the lowest level seen since June 2016.
However, the company’s diversified business model enabled it to rebound and deliver resilient performance in the first half of 2020 despite the tough market environment. According to Schroders’ 2020 half-year results, the profit before tax was £306.2m, just 10 per cent below the £340.4m earned for the same period last year. The company released a net income of £1,003m, which is only 2.8 per cent below the income for the same period in 2019.
Looking at the SDR stock price today, you can see that in a one-year period the Schroders share value has been fluctuating within a range of £17-£34. Since the large sell-off in March 2020, the SDR stock quote grew from £17 to £31 on June 8, 2020, a growth of 82 per cent.
Keep an eye on the Schroders stock price today to spot the best points to enter and exit a trade. Explore the Schroders share chart in real time at Capital.com and trade SDR shares with CFDs.