11th Apr 2016 08:32
LONDON (Alliance News) - Charlemagne Capital Ltd on Monday reported an increase in assets under management over the course of the first quarter.
In a statement, the emerging and frontier markets asset manager said assets under management rose by 6.3% to USD2.02 billion during the three months ended March 31.
Assets were boosted by USD18.0 million of net subscriptions and USD101.0 million relating to net performance.
Shares in Charlemagne were up 1.4% at 9.00 pence on Monday morning.
By Samuel Agini; [email protected]; @samuelagini
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