8 April 2022 - Q2 AUM update
The AIM-listed fund management group has provided an update on its assets under management for the second quarter of the financial year. This has revealed that at 31 March, assets under management were £12.8bn compared with £13.9bn at the end of December 2021. The company has seen £216m of outflows from its open-ended funds during the period with the rest of the decline due to market movements as financila markets have weakened during the period. Clearly, this is a touch disappointing but the events in Ukraine have caused uncertainty in . . .
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