This website is for professional financial advisers in the UK only and should not be relied upon by retail clients. Retail clients should refer to the Investor Centre. Reliance should not be placed on the views and information on the site when taking investment and/or strategic decisions.

Views and Opinions. Schroders has expressed its own views and opinions on this website, and these may change.

Cookies. Schroders' online channels use "cookies" for collecting user information. By "cookie" we mean the small text file that is stored on the hard disk of a computer by the web browser on a computer. It contains information sent by the web server of the online channel that a user has visited. A cookie identifies users and can store information about them and their use of an online channel. Schroders uses cookies to keep track of user activity and to store a user's username and password to allow the user access to some of its protected websites. The information derived from cookies enables Schroders to identify which areas of the online channels are more interesting so that we can improve the information we provide to users. The cookies that Schroders uses to store user name and passwords are encrypted and cannot be read. A user can choose not to accept certain cookies by turning this feature 'off' within the browser settings, however doing this may detract from 'user experience' of certain online channels or even prevent access to some of our online channels.