MPC Capital continues to bring new institutional assets onboard, with c €0.5bn added in 2020 (mostly in the real estate segment). This largely offset the declining legacy retail business, with MPC’s assets under management (AUM) declining slightly to €4.4bn (84% of which are institutional assets) from €4.5bn at end-2019. MPC guides to lower revenue in FY21 (partially due to negative JV consolidation effects) and an improved pre-tax profit, which may benefit from continued strength in the contain ....
09 Mar 2021
MPC Capital - Launching new sustainable funds
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MPC Capital - Launching new sustainable funds
MPC Munchmeyer Petersen Capital AG (MPCK:ETR) | 0 0 1.7% | Mkt Cap: 185.6m
- Published:
09 Mar 2021 -
Author:
Milosz Papst -
Pages:
5
MPC Capital continues to bring new institutional assets onboard, with c €0.5bn added in 2020 (mostly in the real estate segment). This largely offset the declining legacy retail business, with MPC’s assets under management (AUM) declining slightly to €4.4bn (84% of which are institutional assets) from €4.5bn at end-2019. MPC guides to lower revenue in FY21 (partially due to negative JV consolidation effects) and an improved pre-tax profit, which may benefit from continued strength in the contain ....