Schroders is a British asset manager with 5,000+ employees across 32 locations. A long-standing player in global markets, it focuses on investment management for institutions and individuals.
Today, inflation has remained elevated with the latest data showing core inflation near multi-year highs while energy prices stay elevated amid geopolitical tensions. Markets react as Treasuries rise on expectations the Fed will keep policy tight, and investors reassess growth prospects.
Ocado is facing questions over Tim Steiner’s pay and potential succession amid a slide in its share price to below its 2010 flotation level. The board is considering replacements as shareholders voice concerns over pay proportionality and performance.
A wave of new surveys shows Americans face higher retirement costs and uncertainty about Social Security solvency. People are saving less than they think they’ll need, inflation and healthcare costs are rising, and many expect to work longer or rely on savings strategies to bridge the gap.
Mitie has accepted an offer from OCS Group valuing the company at about £3.1 billion, with shareholders set to receive up to 221.6p per share in cash and dividends. The deal, subject to shareholder and court approval, aims to accelerate growth and expand service capabilities. OCS Group would add Mitie’s 84,000-strong workforce and key contracts across government, NHS, transport hubs and airports to a larger UK facilities-management platform.
Gen Z faces mounting financial pressure as housing, education costs, and variable incomes shape decisions. A Northwestern Mutual survey highlights delayed milestones, with young adults prioritising long-term savings amid high mortgage rates and rising tuition.