Firms such as Jupiter and Schroders suffer net outflows as inflation, economic uncertainty and Ukraine war weigh on investors
Asset managers have warned they are navigating tough investment conditions in the UK, as economic turmoil reduced the value of their portfolios and persuaded customers to pull and divert their cash.
London-based firms including Jupiter, Schroders, and St James’s Place all issued trading updates on Thursday, which laid bare the challenges facing fund managers amid surging inflation and continued global uncertainty, including the effects of the war in Ukraine.
Continue reading…Firms such as Jupiter and Schroders suffer net outflows as inflation, economic uncertainty and Ukraine war weigh on investors Asset managers have warned they are navigating tough investment conditions in the UK, as economic turmoil reduced the value of their portfolios and persuaded customers to pull and divert their cash.London-based firms including Jupiter, Schroders, and St James’s Place all issued trading updates on Thursday, which laid bare the challenges facing fund managers amid surging inflation and continued global uncertainty, including the effects of the war in Ukraine. Continue reading…