Amvescap plc
Amvescap: Q1 results
Amvescap, a fund manager reported that pretax profits for Q1 rose by 54% to $171.7m, boosted by performance fees of $33.2m. Performance fees in the same period last year were only $4.7m. Operating profit for Q1 2006 rose to $186.6m (2005: $129.2m).
The company attributed a net increase in funds under management for the better performance […]
Amvescap: 3Q results
Fund manager Amvescap reported increased 3Q profits, boosted by disposals, but assets under management fell to $380.5bn at the end of September, from $382.1bn at the end of last year.
Investment gains have flattered Amvescap’s figures: although fund outflows reached a net $12.5bn, much of this was offset by investment gains and assets under management […]
Amvescap:1Q Results
Amvescap reported a 20% decline in pre-tax profits, below market expectations, for the first quarter of 2005. Pre-tax profits reported were £59.1m down from £73.6m last year and turnover declined marginally to £286m (2004:£288m).
Amvescap
Amvescap, Europe’s largest listed fund manager operating profits were flat in 2004. There is growing speculation that the company is likely to become a target for a takeover bid.
Amvescap is a large global investment manager (brands include AIM, INVESCO, and Atlantic Trust). Wealth management is the largest business, generating around 48% of operating profits […]
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