European Wealth to buy book of business from Towry Asset Management
7th Oct 2016 08:06
(ShareCast News) - AIM-listed European Wealth has agreed to buy certain assets of Towry Asset Management for up to £1m. The integrated financial planning and wealth management group said it has entered into a binding business sale agreement to purchase a book of business and certain related assets.
Read moreEuropean Wealth buys CIMCO Partners Management for £750,000
13th Sep 2016 07:52
(ShareCast News) - Investment manager European Wealth bought CIMCO Partners Management, which manages the G20 Absolute Return fund based in Gibraltar, for £750,000. The acquisition will add a third fund to European Wealth's in-house range and broaden the equity investment styles it has available, ah
Read moreEuropean Wealth grows assets under management, widens loss
22nd Jun 2016 16:10
(ShareCast News) - Wealth management group European Wealth posted its results for the 2015 calendar year on Wednesday, including a 20% increase in funds under management to £1.2bn. The AIM-traded firm said three acquisitions were successfully completed during the year, including Greensnow in July ad
Read moreEuropean Wealth Group nearly doubles revenue
22nd Sep 2015 12:31
(ShareCast News) - European Wealth Group has nearly doubled its revenue in the first half of the year. The results for the six months to 30 June were released Tuesday. It highlighted that group revenue has increased 90% to £3.8m, with recurring revenue increased to 57%. Group funds under managemen
Read moreThursday broker round-up UPDATE
8th May 2014 08:40
Anglo American: Deutsche Bank ups target price from 1510p to 1550p and retains a hold recommendation. Balfour Beatty: Berenberg reduces target price from 350p to 290p and keeps a buy recommendation. BBA Aviation: JP Morgan cuts target price from 386p to 369p retaining an overweight rating. Bodyco
Read moreJohn Laing Chairman subscribes for shares in firm's largest ever raising
9th Oct 2013 16:20
John Laing Infrastructure Fund (JLIF) announced that two of its directors, Chairman Paul Lester and fellow board member Chris Spencer, had each subscribed for 20,000 newly issued shares in the group as part of its largest ever raising of new equity. The shares were priced at 111p, costing each of
Read moreEW Group falls on issue of new shares
10th Apr 2013 09:13
Shares in training and consultancy firm EW Group dropped almost 15 per cent of their value on Wednesday after the company issued just under 62.68m new ordinary shares at a subscription price of 1.0p each. The £626,750 proceeds will be used to support the company's existing investment strategy, incl
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