Rockwood Strategic upbeat after return to action
FTSE Small Cap Index was down twice as much in a tough trading period
FTSE Small Cap Index was down twice as much in a tough trading period
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Its share price fell 11% during the period but the trust’s performance has perked up in the months since
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Its share price is up over 40% this quarter following a recovery in investor confidence
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While 7IM remains the trust’s biggest holding in wake of sale rumours
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Schroders’ subsidiary has also picked up a 49% stake in a chartered financial planning firm
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NAV looks set to drop below minimum threshold next month
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CEO said business in ‘good health’ despite outflows and M&A costs incurred
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Though its financial first quarter saw AUM slide 3%
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But what drove Elon Musk to buy the one of the world’s biggest social media platforms?
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Firm now has over £1bn in assets under management
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Firm’s AUM dropped 8% in six months
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