Edition:
United Kingdom

Intermediate Capital Group PLC (ICP.L)

ICP.L on London Stock Exchange

1,360.00GBp
26 Jun 2019
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1.00 (+0.07%)
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Wed, May 22 2019

BUZZ-Intermediate Capital: FY assets jump on record third-party inflows

** Shares of British asset manager Intermediate Capital Group are up 7.2%

ICG full-year assets up 29% on record third-party inflows

LONDON, May 22 British asset manager Intermediate Capital Group on Wednesday posted a 29% jump in full-year assets on the back of record inflows of external client cash, sending its shares higher.

BRIEF-Intermediate Capital Group FY assets up 29%

* SAYS AUM UP 29% ON 31 MARCH 2018 TO EUR 37.1BN, WITH EUR 10.0BN OF NEW MONEY RAISED

MOVES-Intermediate Capital names new CFO

Feb 1 Asset manager Intermediate Capital Group Plc on Friday named Vijay Bharadia as its chief financial officer, replacing Philip Keller.

BRIEF-Intermediate Capital Group Q3 assets up 5 pct

* SAYS TOTAL AUM 5% HIGHER AT EUR 35.2BN AND THIRD PARTY FEE EARNING AUM 7% HIGHER AT EUR 27.9BN, COMPARED TO 30 SEPTEMBER 2018

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