13th Sep 2022 12:22
Mercia Asset Management PLC - regionally focused specialist asset manager - Attributes the recurring profit it derived through investment activities in both its fund management business and from the balance sheet portfolio to its "differentiated business model". Adds that it also benefits from its "strong" liquidity position. Says this ensures support for its direct and managed funds' investment portfolios and the continued deployment of capital into new investment opportunities.
Current stock price: 27.39 pence
12-month change: down 33%
By Sophie Rose; [email protected]
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