Schroders (SDR LN) to exit China fund management unit, according to sources
Schroders' planned exit from its China fund management unit signals a strategic shift that could reflect broader concerns about regulatory risks and market conditions in the region.
"If a new war breaks out between Iran and the Israeli regime, it will no longer resemble the limited conflicts of the past", SNN reports; "the agreement between Iran and the United States seems extremely far-fetched due to the fundamental differences"
[MARKET ANALYSIS] Global yields jump amidst central bank repricing and higher energy prices
Schroders (SDR LN) to exit China fund management unit, according to sources
Russian President Putin to visit China on the 20th of May, SCMP reports citing sources
BofA raises its 2026 year-end price target for the FTSE 100 index to 9,800 (from 9,300), and lifted its STOXX 600 target to 590 (from 565)
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This move may set a precedent for other asset managers contemplating similar actions, highlighting potential vulnerabilities in emerging markets. Investors should monitor the impact on Schroders' overall strategy and any implications for peers in the asset management space.
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