Troy Asset Management saw pre-tax profits grow 25% to £30.3m in the year to 30 April 2017, up from £22.7m the previous year, as its AUM jumped by 37% from £7bn to £9.6bn over the period, new figures published this week reveal.
According to accounts on Companies House, the firm's post-tax profits grew from £18m to £24.2m over the course of the year, as its cash reserves rose to £38.7m from £17.6m a year earlier. The profit...
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Ex-Standard life manager Angela Burns
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