Mercia AM sees pre-tax profit rocket by 35% in half-year results

Interim dividend has trebled

clock • 1 min read
graph
Image:

graph

Specialist asset manager, Mercia Asset Management, has seen its revenue rise 20.7% to £10.1m in the six months to the end of September.

According to the firm's interim results, net assets also increased from £149.9m in the first half of its 2021 financial year, to £186.4m in the interim six-month period. Pre-tax profit increased 35.2%...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot