close nrothers am grows assets to almost 10bn

The asset manager saw AUM rise by 4% in the latest quarter.

close nrothers am grows assets to almost 10bn

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This brings the company’s total AUM to £9.6bn in the quarter, up year-on-year by 6%. This is a 4% increase from 31 January 2014, when AUM stood at £9.3bn. 
 
Positive market movements supposed inflows, and the revenue margin has remained stable on the half year, according to the statement. 
 
In the banking arm of the firm, the loan book was up 10% year to date, standing at £5.1bn. 
“Overall, our outlook is unchanged and we remain confident in delivering a strong result for the 2014 financial year,” the company said. 
 
 

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