Schroders profits surge as assets hit record £868bnSchroders outflows persisted in public marketsSchroders said its profit nearly doubled in the first half of the year as assets under management hit a record high of £868bn. The FTSE 100 money manager, which is in the process of being acquired by US funds group Nuveen, said assets under management (AUM) jumped 12 per cent to £867.8bn, up from £776.6bn the prior year. Read more Man Group shares surge as assets hit record $253bnPublic market woesFurther AUM growth at Schroders was offset by both net disposals and outflows, primarily from its public markets division. Total net outflows hit £4.2bn. Nuveen acquisitionSchroders’ £9.9bn acquisition by Nuveen is expected to be completed in the final quarter of 2026, subject to regulatory approval.