MJ Hudson posts loss

Fund manager MJ Hudson has posted a £5.3m pre-tax loss in the year to June, which is slightly less than last year’s loss of £7.3m.

This is despite a strong demand for private equity and ESG products.

“There is growth in private equity and other alternative funds assets under management, as investors seek higher returns and yield,” said Matthew Hudson, chief executive.

“Re-focus on regulation and governance, especially benefitting our market-leading ESG business, that helps clients deal with increased regulation and improve transparency.”

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