Charles Stanley FuMA up 7%

Acquisition expected by end of year

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Charles Stanley has reported a 7% rise in funds under management and administration to £27.4bn for the six months to the end of September.

According to its interim results statement, the firm also saw a 12.2% increase in revenue with growth coming from all three divisions, while pre-tax profits were up by 40.9% at £9.3m. Paul Abberley,...

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