13th Jul 2022 12:13
Gresham House PLC - London-based investment manager - In the six months to June 30, assets under management grow by 11% to GBP7.3 billion from GBP6.5 billion at December 31. Expects adjusted operating profit and margin in line with market expectations for both the half-year and full-year. Says it is making good progress towards its five-year financial and strategic objectives despite a challenging backdrop.
"With several fundraising initiatives underway across our divisions, and a growing international presence, Gresham House is well positioned for the second half of 2022 to continue growing the business in line with our strategy," says Chief Executive Tony Dalwood.
Current stock price: 810.00 pence, up 0.9% in London on Wednesday
12-month change: down 13%
By Heather Rydings; [email protected]
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