Anchor Group: Weighing anchor and looking offshore
IM believes Anchor will boost its marketing and distribution capabilities with a greater push offshore
27 February 2020 - 10:00
IM last wrote on asset manager Anchor Group in August 2019 with the share price trading at 380c ahead of the release of interim results to June 2019. This is a preview of the soon-to-be-released year-end results to December 2019.
At the interim results stage, Anchor was forecasting good growth in assets under management (AUM), but a flat six months in earnings...
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