Schroders plc (SDR) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone. I know it's a super busy morning for you, so I really appreciate you taking the time and I'm sorry if you're sat waiting for it to join us. Now, it's really hard to follow any video, but following that is quite hard because it's a short excerpt from our new Active Edge campaign. You're going to progressively see this over the next six months. As you know, Schroders were unashamedly active and that's the basis of this campaign. We're now in a world where changing economic and geopolitical events are creating perpetual uncertainty and some people are understandably worried. But within all that lies great opportunity for Schroders and our clients. I believe we're at a turning point with the focus returning to active management. Diversification isn't only back in favour, but it's a real requirement. Portfolio concentration is being challenged in a way we haven't seen for some time. Our 2025 Global Investor Insights survey underscores this. More than half of the respondents want more resilience in their portfolios, and 8% of global investors expect to increase their allocation to active management and further diversify over the next year. In this context, our active stance is a clear competitive advantage. So let's reflect on the half. I'm pleased with what we've got done. There is good early signs of momentum. We're ahead of where I'd hoped we would be when Megan and I spoke to you back in March. And we're presenting some really solid results. Against the backdrop of uncertainty, we have remained focused on what we can control, delivery of our three-year transformation programme. It's been an incredibly busy and challenging few months. We've made some difficult choices about where we invest our time and resources. We're focusing on the areas where ...