London, January 19, 2026, 13:35 GMT — Regular session
- Shares in Schroders slipped roughly 1.7% to about 459p during London trading
- Goldman Sachs raises Schroders target to 395p but maintains a “sell” rating
- Investors digest tariff news as Schroders prepares to release results on Feb. 12
Schroders’ shares slipped 1.7% to 459.2 pence by 1335 GMT on Monday, as investors processed a Goldman Sachs price target hike that still placed the stock below its current level. Goldman lifted its target for the UK fund manager from 380 to 395 pence but maintained a “sell” rating, according to an analyst summary. (London South East)
The dip is significant since Schroders recently enjoyed a strong rally, and its shares often reflect broader market sentiment. Fund managers rake in fees based on assets under management—the client funds they handle—so any market jitters can swiftly hit their revenues and investor confidence.
London’s wider market took a hit early on. By 1038 GMT, the FTSE 100 had slipped 0.6%, rattled by U.S. President Donald Trump’s threat to impose tariffs on Britain and seven other European countries if the U.S. isn’t given the chance to buy Greenland, denting risk appetite. (Reuters)
Schroders’ shares fluctuated between 456.4 pence and 463.0 pence during the session, down from a previous close of 467.0 pence. The stock remains close to the upper edge of its 52-week range, which spans from 249.1 pence to 472.8 pence. (Investing)
Schroders issued a trading update on January 15, projecting adjusted operating profit for 2025 to hit at least £745 million. Adjusted net operating income is expected to be no less than £2.58 billion, while adjusted operating expenses should remain largely unchanged. The firm also highlighted group assets under management around £825 billion, including joint ventures, and net new business near £11 billion. It reaffirmed its goal of £150 million in annualised net savings by the end of 2027. Schroders cautioned these numbers are unaudited and could shift. Full-year results are scheduled for February 12. (Investegate)
Following the update, Citi analyst Nicholas Herman highlighted the implied profit run-rate for the second half, noting it stands roughly 25% above the Visible Alpha consensus. (Fintel)
The January 15 statement triggered a nearly 10% surge in Schroders shares and sent peer Ashmore sharply upwards that same day, driven by investor interest in improving flow and fee trends across the sector. Analysts at Panmure Liberum described the trading update as demonstrating “clear progress on all fronts,” exceeding market expectations. (Reuters)
Monday’s shift was modest, yet it sent a clear signal: broker targets can rise even when conviction remains hesitant. Goldman’s 395p estimate still lags the current share price, a gap that might prompt some profit-taking after the recent rally.
The danger lies in tariff talk becoming actual policy and sticking around. A sustained equity slump would weigh on assets under management and fee income. At the same time, performance fees and carried interest—the cut from private-market profits—are volatile and unreliable revenue sources.
Investors are closely monitoring any changes to the tariff approach ahead of the February 1 start date mentioned by Trump. Attention will then turn to Schroders’ February 12 results for insight on net flows, margins, and how much progress the cost plan has actually made beyond its targets.
