Margins will keep getting squeezed so it's time to exit
Thursday 06 Aug 2020 Author: Ian Conway
Schroders ( SDR ) £30.37 Loss to date: 9.2% Original entry point: Buy at £33.46, 19 December 2019 OUR 2020 PICK has beaten the FTSE 100 since we recommended it late last year, having recovered significantly from its March lows, but we sense that further gains are likely to be limited. Assets under management (AUM) grew 5% in the first half to £525.8 billion, more than expected, mostly thanks...