RE: No. 5.28 Nov 2021 17:06
Havoc - apologies I’m slightly out - below was taken from 21st August TU and in the table that showed the workings it listed Tradeflow as having 250 clients per six months just over 40 clients per month in any event whatever the figures were then we should have seen a significant increase !
Following the acquisition of TradeFlow Capital Management Pte. Ltd ("TradeFlow"), which completed on 6 July 2021, and the recent launch of its Global Inventory Monetisation Fund (the "Fund", as disclosed in the RNS of 9 August 2021), the Group (being the Company and its operating subsidiaries) is now focused on establishing and growing the following active, and future, revenue streams:
1. Investment Advisory ("IA"): this is the revenue stream currently being generated by TradeFlow in its capacity as investment advisor to its well-established funds, as well as its anticipated role as investment advisor to the Fund going forward.
This stream is expected to generate revenues of approximately 1.25% of Assets Under Management for which TradeFlow acts as advisor. Additionally, TradeFlow could receive a further 15% performance incentive fee of the profits generated by the Funds, based on performance.