Charles Stanley sees revenues drop amid 'difficult times'
CEO says business remains resilient
Charles Stanley CEO Paul Abberley
Charles Stanley Group has seen its group revenue drop 6.8% in Q3 2020 compared to the previous quarter, though funds under management and administration (FuMA) increased 0.9% to stand at £22.8bn.
Over the six months to 30 September, total FuMA shot up 12.9%, but the group said this was a reflection of the turbulent markets caused by the coronavirus pandemic. In fact, average FuMA during the...
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