Frenkel Topping has released its trading statement for the year ended 31 December 2021. AUM grew by 16% to £1,174m (2020: £1,012m), 7.1% higher than our estimate of £1,096m. In addition, higher-margin assets on a DFM Mandate were up 28% to £676m (2020: £527m). High client retention rates at 99% continue to underpin the attractive investment case. Accordingly, high recurring revenues – driven by ownership of the full supply chain in the personal injury and clinical negligence market for clients r ....
15 Feb 2022
Frenkel Topping - A niche organic and acquisitive growth story
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Frenkel Topping - A niche organic and acquisitive growth story
Frenkel Topping Group plc (FEN:LON) | 51.5 0 0.0% | Mkt Cap: 65.9m
- Published:
15 Feb 2022 -
Author:
Cavendish Research -
Pages:
6
Frenkel Topping has released its trading statement for the year ended 31 December 2021. AUM grew by 16% to £1,174m (2020: £1,012m), 7.1% higher than our estimate of £1,096m. In addition, higher-margin assets on a DFM Mandate were up 28% to £676m (2020: £527m). High client retention rates at 99% continue to underpin the attractive investment case. Accordingly, high recurring revenues – driven by ownership of the full supply chain in the personal injury and clinical negligence market for clients r ....