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IN BRIEF: Charles Stanley In 10% Quarterly Funds Under Management Hike

Wed, 13th Jan 2021 13:27

Charles Stanley Group PLC - London-based investment manager - Total funds under management and administration at December 31, end of third quarter, rise 10% to GBP25.1 billion from GBP22.8 billion at end of September. "The increase largely reflects the market improvement of GBP2.2 billion, with net inflows of GBP100 million," Charles Stanley says. "It compares to a 7.0% increase in the MSCI WMA Private Investor Balanced Index over the same period." Quarterly revenue down 1.2% annually to GBP42.2 million from GBP42.7 million.

Current stock price: 308.96 pence, up 4.4% on Wednesday

Year-to-date change: up 12%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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