Charles Stanley pre-tax profits up 57% despite assets decline

Restructure costs at £3.5m to date

James Baxter-Derrington
clock • 3 min read

Charles Stanley posted growth in profit before tax of 57% in the year to 31 March 2020, despite the funds under management and administration (FUMA) falling 16% to £20.2bn as a result of the coronavirus pandemic’s impact on markets.

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