Money manager Schroders reports earnings surge, assets at record high

July 29 (Reuters) - British money manager Schroders
reported a 33% rise in first-half profits on Thursday, as strong
investor sentiment on the back of vaccinations and stimulus
measures pushed assets under management to a new high.

Pretax profit rose to 373.9 million pounds ($521.03 million)
for the six months ended June 30, while total assets under
management climbed 6% to 700.4 billion pounds as Schroders
booked in net new business of 17.9 billion pounds.

($1 = 0.7176 pounds)
(Reporting by Muvija M in Bengaluru; editing by Carolyn Cohn)