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Press Release Schroders plc Full - year results Schroders 4 March 2021 Our diversified business model has enabled us to deliver a strong financial performance in 2020 , despite the challenging environment , with profit before tax and exceptional items of £ 702.3 million . We delivered strong investment performance¹ with 75 % of assets outperforming over one year , 72 % over three years and 81 % over five years , demonstrating the value of active investment management for clients . We generated net flows of £ 42.5 billion and assets under management increased 15 % , up from £ 500.2 billion in 2019 , to a record high of £ 574.4 billion . We delivered growth through our strategy , as we rebalanced the Group towards Private Assets & Alternatives , Wealth Management , Solutions and the United States . Our partnerships , predominantly in Asia , generated a further £ 12.4 billion of net inflows which increased the total net flows to £ 54.9 billion . Assets under management including our partnerships reached £ 663.0 billion . Net income Operating expenses Profit before tax and exceptional items Profit before tax Profit after tax Basic earnings per share before exceptional items ( pence ) 2020 2019 £ m £ m 2,179.2 2,124.8 ( 1,476.9 ) ( 1,423.6 ) 702.3 701.2 610.5 624.6 486.0 495.7 200.8 201.6 172.4 178.9 114.0 114.0 Basic earnings per share ( pence ) Total dividend per share ( pence ) Peter Harrison , Group Chief Executive , commented : " The strength of our investment performance showcases the benefits of active investment management and our ability to deliver good outcomes for our clients . I would like to thank our employees for their hard work and ongoing dedication to our clients which helped us to deliver a strong financial performance in 2020 despite the challenging environment . Assets under management increased 15 % to reach a record high of £ 574.4 billion . We generated net inflows of £ 42.5 billion with strong demand in our Private Assets , Wealth Management and Solutions businesses . These higher growth areas now account for 54 % of our assets under management . Our geographic diversification continued with our US business reaching a milestone of more than $ 100 billion of assets under management . We also continued to expand in Asia through our growing network of partnerships which contributed strongly to the Group in 2020 . I am proud of our continued progress in building a leading position in sustainability and impact investing . We now incorporate ESG factors into decision - making across our investment range . This fulfils a commitment we made in 2019 . De - carbonisation is a critical issue . We are focused on supporting companies in their transition to net zero . We are confident that our diversified business model will continue to generate value for all our stakeholders . " 1 Please refer to page 6 for more information about client investment performance . Schroders Full - year results