Schroders at five year low as China volatility sparks outflow
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Schroders PLC experienced significant net outflows of £2.3 billion in Q3 2024, with additional institutions planning to withdraw £2 billion, driven by volatility in China.
November 05, 2024 | 12:30 pm
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Schroders PLC reported significant net outflows of £2.3 billion in Q3 2024, with more institutions planning to withdraw £2 billion, due to China market volatility.
The reported net outflows and additional planned withdrawals indicate a negative sentiment towards Schroders, likely impacting its stock price negatively in the short term.
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