What’s new: Interim results confirm the growth set out in the recent trading update:
12.6% rise in Group Revenues to £11.0m (1H last year: £9.7m);
21.9% rise in adj operating profit to £5.03m (1H last year: £4.13m);
17.4% rise over 6 months in AUM to £7.8bn on 30 September 2020,
n.b. From 31 March 2020 the WMA balanced index rose 11.6% to 4510;
Market movements added 12.5% to AUM (i.e. Tatton outperformed WMA);
1H net inflows of £328.1bn were 4.9% of opening AUM (i.e. c 10% annu ....
18 Nov 2020
Tatton Asset Management (TAM LN) - 1H confirms resilient growth
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Tatton Asset Management (TAM LN) - 1H confirms resilient growth
Tatton Asset Management Plc (TAM:LON) | 580 0 0.0% | Mkt Cap: 351.0m
- Published:
18 Nov 2020 -
Author:
Robin Savage -
Pages:
5
What’s new: Interim results confirm the growth set out in the recent trading update:
12.6% rise in Group Revenues to £11.0m (1H last year: £9.7m);
21.9% rise in adj operating profit to £5.03m (1H last year: £4.13m);
17.4% rise over 6 months in AUM to £7.8bn on 30 September 2020,
n.b. From 31 March 2020 the WMA balanced index rose 11.6% to 4510;
Market movements added 12.5% to AUM (i.e. Tatton outperformed WMA);
1H net inflows of £328.1bn were 4.9% of opening AUM (i.e. c 10% annu ....