July 24, 2018 / 6:17 AM / 5 months ago

BRIEF-Charles Stanley Says Q1 total funds up 4.6 pct

July 24 (Reuters) - Charles Stanley Group PLC:

* SAYS TOTAL FUNDS UNDER MANAGEMENT AND ADMINISTRATION (“FUMA”) AT 30 JUNE 2018 WERE £24.9 BILLION

* SAYS THIS INCREASE WAS LARGELY DRIVEN BY POSITIVE MARKET PERFORMANCE

* SAYS MAJORITY OF ASSET GROWTH WAS REGISTERED IN OUR HIGHER MARGIN DISCRETIONARY SERVICE, WHICH INCREASED BY £0.7BN OR 5.7%.

* SAYS EXECUTION-ONLY FUNDS GREW BY 4.8%

* SAYS CORE BUSINESS REVENUES FOR YTD JUNE 2018 WERE UP 4.0% Source text for Eikon: Further company coverage: (Reporting By Simon Jessop)

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