Market Chatter: Schroders Sees Net Outflows in Q1 Due to China Withdrawals

MT Newswires Live

2025/05/05

Schroders saw 7.4 billion pounds sterling in first-quarter net outflows on Thursday following a mass withdrawal of cash from its joint-venture funds in China, Reuters reported the same day.

The British fund manager's flows were hit by the 8.5-billion-pound cash-out from joint ventures during the quarter, mainly from China, the report said.

Schroders operates two fund ventures with Bank of Communications (HKG:3328, SHA:601328), according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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