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By Elliot Gulliver-Needham Schroders saw assets under management hit a new high of £773bn, as the company prepares to make a mark in the private capital space. In the asset manager’s half-year results, operating profit dipped as net operating income dropped from £1.21bn to £1.18bn, but profit before tax stayed steady at £276m. The group’s results come following its announcement with Phoenix Group to launch a billion pound private markets manager together, aiming to attract investment from pensions into the space. The deal, along with other joint ventures, boosted up the group’s net new income …

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