JM Finn unveils regional hub in York
Yorkshire team relocated from Leeds
Stephanie Bruce has been with the company for four years
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Group operating profit up 35% despite tough year for asset management arm
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A 16% fall in AUM dented the investment manager’s returns in 2022
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Fixed ongoing costs for the portfolio have been reduced by 12bps
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The asset manager has been awarded a mandate for a major Japanese government pension fund
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Company is working with an investment bank to discuss strategic options for the business
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‘Corporates can no longer depend on shareholder apathy to have company business waved through once a year’
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Though revenues and profit margins were lower than in 2021
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Australian investment bank are said to be advised by Morgan Stanley
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