An update on how well the former Gerchen Keller (GKC) fund business has been integrated carries a sting in the tail with the news that the three former principals of GKC are effectively disengaging from the day-to-day business. While this may be viewed as a setback, we are of the view that this will not have any material impact on the business, either due to their absence or from any new competitive force. Given how well the shares have performed (up 150% since the day before the GKC acquisition ....
15 Dec 2017
N+1 Singer - Burford Capital - Investment management update may affect sentiment short-term
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N+1 Singer - Burford Capital - Investment management update may affect sentiment short-term
Burford Capital Limited (BUR:LON) | 1,122 -11.2 (-0.1%) | Mkt Cap: 2,457m
- Published:
15 Dec 2017 -
Author:
Trevor Griffiths -
Pages:
3
An update on how well the former Gerchen Keller (GKC) fund business has been integrated carries a sting in the tail with the news that the three former principals of GKC are effectively disengaging from the day-to-day business. While this may be viewed as a setback, we are of the view that this will not have any material impact on the business, either due to their absence or from any new competitive force. Given how well the shares have performed (up 150% since the day before the GKC acquisition ....