Fintel PLC - Huddersfield, England-based technology and support for retail financial services sector - Managed distribution service unit agrees to multi-year agreements with asset managers Premier Miton Group PLC and Carmignac.
"This announcement follows news earlier this month of a first-of-its-kind partnership with Aviva PLC and Aviva Investors, and deals with leading brands including Fidelity, Just Group PLC,
Guardian, Schroders PLC and Tatton Asset Management PLC throughout 2021," company adds.
Fintel's managed distribution service is a subscription-based service that includes research, data, product design and distribution services.
Joint Chief Executive Matt Timmins says: "I believe that the most successful way to increase efficiency and effectiveness in the market is through collaborative solutions such as our managed distribution service and I am delighted that so many renowned and respected names have further strengthened our relationships by choosing to work with us in this way.
"To have two more industry-leading investment houses, Carmignac and Premier Miton, on board, builds on the success of our managed distribution service to date and it's a really positive end to 2021."
Current stock price: 229.00 pence
Year-to-date change: up 27%
By Paul McGowan; paulmcgowan@alliancenews.com
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Premier Miton (PMI)
Fintel (FNTL)