Asset managers have been having a tough time in the past 18 months because of the weak stockmarket. There is one AIM-quoted company that is still generating substantial inflows that more than make up for any decline in the value of the existing assets.
In the second half of the financial year the company generated average monthly asset inflows of £148m. The year-on-year growth in assets under management was 12% to £12.7bn, before the most recent acquisition last year. This growth in assets enables attractive dividend income growth and has led to forecast upgrades following the annual figur...
