June 4 (Reuters) - Intermediate Capital Group on
Thursday posted a 22% jump in full-year assets under management
(AUM) but lower valuations triggered by the coronavirus pandemic
pushed its investment arm into a 68.6 million pound loss for the
period.
AUM as at March 31 were 45.3 billion euros ($50.77 billion),
compared to 37.08 billion euros a year earlier, the British
asset manager said, which recently took a spot on the FTSE 100
bluechip index.
($1 = 0.8923 euros)
(Reporting by Muvija M in Bengaluru, editing by Sinead Cruise)
