Half year results 2025

Explore the detail of our half year results 2025 and find out about our clear plan to return to profitable growth.

Simplify, scale and deliver profitable growth

Richard Oldfield talks about how we aim to remain a high-performing, competitive, differentiated and growing business for the long term.

Ambitious targets across four themes

£150 million of annualised costs savings over 3 years

Accelerate pace of improvement and deploy resources and capital effectively

Public Markets: stabilise revenues by end 2027*

Invest in leading capabilities and broaden client access

Schroders Capital: generate cumulative net new business of £20 billion

Drive flows into our differentiated, specialist capabilities in Private Markets

Wealth Management: achieve net new business rate of 5-7% of opening AUM per annum (2025 to 2027)

Sustain and build on our successful track record

_{This will reduce our adjusted cost:income ratio from 75% to less than 70%.}**

_{The Board intends to hold the dividend at its current level as we bring the payout ratio back towards 50%.}

*Subject to normal market conditions.

**Subject to normal market conditions. For more information refer to the press release.