The Law Debenture Corporation (LWDB) has reported another strong set of results for its independent professional services (IPS) business in H120, with EPS growth remaining in the target mid- to high single-digit range despite a more challenging economic backdrop. With the trust’s largely UK investment portfolio having been hit by the widespread stock market sell-off in February and March, IPS has provided a larger than average contribution to revenue returns. This means fund managers Ja
05 Aug 2020
The Law Debenture Corporation - Proof of proposition in challenging H120
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The Law Debenture Corporation - Proof of proposition in challenging H120
Law Debenture Corp PLC (LWDB:LON) | 795 15.9 0.3% | Mkt Cap: 1,043m
- Published:
05 Aug 2020 -
Author:
Sarah Godfrey -
Pages:
11
The Law Debenture Corporation (LWDB) has reported another strong set of results for its independent professional services (IPS) business in H120, with EPS growth remaining in the target mid- to high single-digit range despite a more challenging economic backdrop. With the trust’s largely UK investment portfolio having been hit by the widespread stock market sell-off in February and March, IPS has provided a larger than average contribution to revenue returns. This means fund managers Ja