Euromoney’s FY17 results were as indicated at the year-end update, “perhaps a little better”, with FY18 having started on track. Our forecasts are broadly unchanged on these figures, adjusted for the disposal of Adhesion/WBWE. The strategic transition put in place over the last two years is driving stronger underlying growth, with ongoing recycling of capital into better businesses. The overhanging cloud remains MiFID II, which is deterring new business from asset managers.
29 Nov 2017
Pricing vs asset management
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Pricing vs asset management
- Published:
29 Nov 2017 -
Author:
Fiona Orford-Williams -
Pages:
4
Euromoney’s FY17 results were as indicated at the year-end update, “perhaps a little better”, with FY18 having started on track. Our forecasts are broadly unchanged on these figures, adjusted for the disposal of Adhesion/WBWE. The strategic transition put in place over the last two years is driving stronger underlying growth, with ongoing recycling of capital into better businesses. The overhanging cloud remains MiFID II, which is deterring new business from asset managers.