Schroders Sees Investors Resurface After Fourth-Quarter Outflows

Schroders Plc, Europe’s largest publicly-traded fund manager, said clients are starting to invest again this year after market uncertainty caused them to pull a net 2 billion pounds out of equity funds in the final quarter of 2016. Flows into the firm’s U.K. intermediary, U.S. and emerging-market debt businesses have all turned positive, according to Chief Executive Officer Peter Harrison.