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M&G’s pre-tax profits halve in H1

M&G’s half-yearly results have shown profit before tax has fallen by nearly half. The asset manager’s results show pre-tax profit decreased 44% year-on-year to £182...

German equity investment drives AUM to record level

Germans invested €35 billion into open-ended equity funds in the first half of the year, which helped drive Germany’s total assets to over €4...

Abrdn sees highest growth since merger

Abrdn saw fund outflows in the first half of the year but chief executive Stephen Bird described the company’s start to 2021 as “strong”,...

Cyprus funds in buoyant mood after India success and AUM growth

Cyprus is gaining confidence that it’s ‘one fund at a time’ policy of growing the nation’s funds industry is working. Assets under management (AUM) in...

Ninety One sees “storming” first year as listed firm

Ninety One Asset Management saw a 27% rise in assets during 2020 - but it’s chief executive lamented negative flows. Assets under management came to...

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