Schroder Investment Management Limited
31 Gresham Street, London EC2V 7QA
Telephone +44 (0)20 7658 6000 Fax +44 (0)20 7658 6965
www.schroders.com
News Release
Schroders UK institutional survey reveals
economic concerns for 2013
12 November 2012
At the recently held Schroders annual UK institutional conference* in London, attendees were asked
to share their views on the UK economy including expected inflation figures for 2013 and which, if any,
investment strategies are being considered in light of the current environment.
The UK Economy
Attendees were asked to complete the following ‘The UK is now officially out of recession. Do you
think there is a risk that the UK could fall back into recession in 2013?’. An overwhelming 83% of
participants said yes with only 17% saying that they thought the UK would remain out of recession
over the next 12 months.
On inflation attendees were asked ‘UK inflation is currently between 2-2.5%. What are your
expectations for UK inflation in 2013?
- 60% responded saying they expected inflation to remain the same
- 33% responded saying they expected inflation to rise above 3%
- 7% responded saying they could see inflation falling below 1.5%
Global Fixed Income
In the current environment attendees were asked if they ‘would consider looking to global and more
unconstrained fixed income investing in the future’. Almost 60% of respondents said that they would
consider this.
Neil Walton, Head of Schroders UK Business Development Group commented:
“The low yield environment continues to challenge traditional fixed income approaches. The views
highlight a wider trend towards global and less benchmark driven fixed income strategies by UK
pension schemes.
“Another interesting result from our survey has been the attendees’ attitude to the UK economy with
over 83% of participants recognising the risk of a return to recession in 2013 - 33% said they could
see inflation rising above 3% over the next 12 months.”
Schroders plc
Registered office at above address
Reg. 3909886 England
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For your security, communications may be taped or monitored
Schroder Investment Management Limited
31 Gresham Street, London EC2V 7QA
Telephone +44 (0)20 7658 6000 Fax +44 (0)20 7658 6965
www.schroders.com
* attended predominantly by corporate and local authority pension scheme managers, trustees and
consultants
For further information, please contact:
Estelle Bibby, Institutional PR
Caroline Smith, Broadcast PR
Beth Saint, International PR
Tel: +44 (0)20 7658 3431/ estelle.bibby@schroders.com
Tel: +44 (0)20 7658 3365 / caroline.smith@schroders.com
Tel: +44 (0)20 7658 6168 / beth.saint@schroders.com
Notes to Editors
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Schroders plc
Schroders is a global asset management company with £202.8 billion (€254.5 billion, $327.4 billion)
under management as at 30 September 2012. Our clients are major financial institutions including
pension funds, banks and insurance companies, local and public authorities, governments, charities,
high net worth individuals and retail investors.
With one of the largest networks of offices of any dedicated asset management company, we operate
from 33 offices in 26 countries across Europe, the Americas, Asia and the Middle East. Schroders
has developed under stable ownership for over 200 years and long-term thinking governs our
approach to investing, building client relationships and growing our business.
Further information about Schroders can be found at www.schroders.com.
Issued by Schroder Investment Management Ltd, which is authorised and regulated by the Financial
Services Authority. For regular updates by e-mail please register online at www.schroders.com for our
alerting service.
Schroders plc
Registered office at above address
Reg. 3909886 England
2
For your security, communications may be taped or monitored