Charles Stanley FUMA increases 4.6% in Q2
Discretionary service performed well
Paul Abberley, chief executive officer of Charles Stanley
Charles Stanley saw its funds under management and administration (FUMA) rise in the three months to 30 June amid positive market conditions.
FUMA increased from £23.8bn on 31 March to £24.9bn by 30 June, representing an increase of 4.6% versus a 4.5% rise for the MSCI WMA Private Investor Balanced index. The majority of asset growth was...
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