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...
Industry Voice: Investment priorities are changing. More and more people are concerned both with the investment returns they can make on their savings, and whether their money is being managed in a sustainable way.
Targeting cautious investors
Effective from 2 January 2019
Barry O'Dwyer and Campbell Fleming, both senior figures at Standard Life Aberdeen, are to become non-executive directors of Phoenix Group.
Latest edition of the print magazine online