An investment management company that manages the UK, European, Asian and Global equities, Global credit and Multi-Assets.
21-Nov-2018 – 618p – £312.4m – PER 12.3
Results For The 6 Months To End September 2018 – Net inflows of £723m (£178m last time), although AuM is down from £12bn (30 September) to £11.5bn (19 November). Adjusted PBT up 21% and the Dividend is up 40%.
This popped on my Tech Screen a while ago and looks quite interesting. I am Neutral but will look into this a little more.
27-Jun-2019 – 718p – £364m – PER 14
Results For The 12 Months To End March 2019 – Revenue, Adjusted PBT and EPS both up 10% – Consistent! The Total Dividend is up 29%.
Looks quite good but just too dependent on in-flows into AUM, just like all Asset Management companies.
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